About Capital in the Twenty-First Century
Résumé
In this article, I present three key facts about income and wealth inequality in the long run emerging from my book, Capital in the Twenty-First Century, and seek to sharpen and refocus the discussion about those trends. In particular, I clarify the role played by r > g in my analysis of wealth inequality. I also discuss some of the implications for optimal taxation, and the relation between capital-income ratios and capital shares.
Domaines
Economies et finances| Origine | Fichiers éditeurs autorisés sur une archive ouverte |
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