| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11022 |
| DP11022 Capital shares and income inequality: Evidence from the long run | |
| Daniel Waldenstrom; Erik Bengtsson | |
| 发表日期 | 2015-12-20 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | This paper investigates the relationship between the capital share in national income and personal income inequality over the long run. Using a new historical cross-country database on capital shares in 19 countries and data from the World Top Income Database, we find strong long-run links between the aggregate role of capital in the economy and the size distribution of income. Over time, this dependence varies; it was strong both before the Second World War and in the early interwar era, but has grown to its highest levels in the period since 1980. The correlation is particularly strong in Anglo-Saxon and Nordic countries, in the very top of the distribution and when we only consider top capital incomes. Replacing top income shares with a broader measure of inequality (Gini coefficient), the positive relationship remains but becomes somewhat weaker. |
| 主题 | Economic History ; Public Economics |
| 关键词 | Inequality Top incomes Wage share |
| URL | https://cepr.org/publications/dp11022 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539851 |
| 推荐引用方式 GB/T 7714 | Daniel Waldenstrom,Erik Bengtsson. DP11022 Capital shares and income inequality: Evidence from the long run. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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