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Piketty, Housing, and Capital Share

Gianni La Cava has a very interesting article (based on a longer paper) on what accounts for the rising share of capital in the income accounts: A key observation in Thomas Piketty’s Capital in the Twenty-First Century (Piketty 2014) is that the share of aggregate income accruing to capital in the US has been rising steadily […] The post Piketty, Housing, and Capital Share appeared first on Marginal REVOLUTION.
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