Testing Piketty s Hypothesis on the Drivers of Income Inequality is popular PDF and ePub book, written by Carlos Góes in 2016-08-19, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Testing Piketty s Hypothesis on the Drivers of Income Inequality can be Read Online from any device for your convenience.
Testing Piketty s Hypothesis on the Drivers of Income Inequality Book PDF Summary
Thomas Piketty's Capital in the Twenty-First Century puts forth a logically consistent explanation for changes in income and wealth inequality patterns. However, while rich in data, the book provides no formal empirical testing for its theoretical causal chain. In this paper, I build a set of Panel SVAR models to check if inequality and capital share in the national income move up as the r-g gap grows. Using a sample of 19 advanced economies spanning over 30 years, I find no empirical evidence that dynamics move in the way Piketty suggests. Results are robust to several alternative estimates of r-g.
Detail Book of Testing Piketty s Hypothesis on the Drivers of Income Inequality PDF
- Author : Carlos Góes
- Release : 19 August 2016
- Publisher : International Monetary Fund
- ISBN : 9781475527698
- Genre : Business & Economics
- Total Page : 27 pages
- Language : English
- PDF File Size : 8,5 Mb
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