Economics, Econometrics and Finance
3 years ago

Working Rich on the Rise: Wealth Inequality in the 21st Century

HAL (Le Centre pour la Communication Scientifique Directe)
Resurgence of Capital or rise of the Working Rich? On Piketty’s Capital in the 21st century
Olivier Godechot

Paper Summary

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The book "Capital in the Twenty-First Century" by Thomas Piketty explores income and wealth inequalities over time. By analyzing data from income tax records, the researchers found that wealth inequality is a significant issue globally. The book highlights the importance of understanding how wealth is distributed in society and how it impacts economic inequality.