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Piketty's Inequality Hypothesis.pdf

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Preview of Piketty's Inequality Hypothesis
🔗 Source: imf.org
📊 Size: 1.06 MB
👤 Author: Carlos Góes
⬇️ Downloads: 91

Summary

The paper tests Thomas Piketty's hypothesis that income inequality increases as the difference between returns on capital and output growth rate grows, using Panel SVAR models on 19 advanced economies over 30 years, and finds no empirical evidence to support it, with inequality responding negatively to shocks in at least 75% of countries.

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Description

The paper tests Thomas Piketty's hypothesis that income inequality increases as the difference between returns on capital and output growth rate grows, using...

Technical Information

  • File Format: PDF
  • File Size: 1.06 MB
  • Pages: 27
  • Language: EN
  • Author: Carlos Góes
  • Total Downloads: 91
  • Last Updated: 1 week ago

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