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Innovation & Inequality.pdf

UPL4077950642293827025_Innovation_and_Top_Income_Inequality.pdf
Preview of Innovation & Inequality
🔗 Source: college-de-france.fr
📊 Size: 674 KB
📄 Pages: 57 pages
⬇️ Downloads: 98

Summary

Innovation is positively correlated with top income inequality in the US, with innovativeness accounting for around 17% of the total increase in the top 1% income share between 1975 and 2010. The positive effects of innovation on top income shares are dampened in states with higher lobbying intensity. Innovation is also positively correlated with upward social mobility, driven mainly by entrant innovators, and this correlation is also dampened in states with higher lobbying intensity.

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Description

Innovation is positively correlated with top income inequality in the US, with innovativeness accounting for around 17% of the total increase in the top 1%...

Technical Information

  • File Format: PDF
  • File Size: 674 KB
  • Pages: 57
  • Language: EN
  • Total Downloads: 98
  • Last Updated: 10 hours ago

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