Replication data for: Pareto and Piketty: The Macroeconomics of Top Income and Wealth Inequality
Principal Investigator(s): View help for Principal Investigator(s) Charles I. Jones
Version: View help for Version V1
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PikettyReplicationFiles | 10/12/2019 06:00:PM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/12/2019 02:00:PM |
Project Citation:
Jones, Charles I. Replication data for: Pareto and Piketty: The Macroeconomics of Top Income and Wealth Inequality. Nashville, TN: American Economic Association [publisher], 2015. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113942V1
Project Description
Summary:
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Since the early 2000s, research by Thomas Piketty, Emmanuel Saez, and their coauthors has
revolutionized our understanding of income and wealth inequality. In this paper, I highlight some
of the key empirical facts from this research and comment on how they relate to macroeconomics
and to economic theory more generally. One of the key links between data and theory is the Pareto
distribution. The paper describes simple mechanisms that give rise to Pareto distributions for
income and wealth and considers the economic forces that influence top inequality over time and
across countries. For example, it is in this context that the role of the famous r - g expression is
best understood.
Scope of Project
JEL Classification:
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C46 Specific Distributions; Specific Statistics
D31 Personal Income, Wealth, and Their Distributions
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
P16 Capitalist Systems: Political Economy
C46 Specific Distributions; Specific Statistics
D31 Personal Income, Wealth, and Their Distributions
D63 Equity, Justice, Inequality, and Other Normative Criteria and Measurement
P16 Capitalist Systems: Political Economy
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