This paper finds that capital and labor incomes in the United States have become more closely associated since the 1980s. This contributed to the well-known increase in the top 1 percent's share of total income, exacerbating rising inequality in capital incomes and earnings. The paper shows that the trend in the association is U-shaped, as the recent increase contrasts with a tendency toward a weakening association until the 1980s. The paper uses...
Exibir mais
DETALHES
-
2017/12/11
-
Documento de trabalho sobre pesquisa de políticas
-
WPS8268
-
1
-
1
-
2017/12/11
-
Disclosed
-
Capital and labor : the factor income composition of top incomes in the United States, 1962-2006
-
capital income
DOWNLOADS
COMPLETAR RELATÓRIO
Versão oficial do documento (pode conter assinaturas, etc.)
-
Total Downloads** : 1867
*A versão do texto é um OCR incorreto e está incluído unicamente em benefício de usuários com conectividade lenta.