Rosnick, David; Baker, Dean - Center for Economic and Policy Research (CEPR) - 2012
The OECD recently published a lengthy volume examining the causes of rising inequality in most wealthy countries over … the last three decades. This paper examines that study, finding that the OECD misses most of the story of inequality … most of the benefits of rising inequality were concentrated much further up the income ladder. In contrast to the OECD …