recovery (itself driven by changes in capital policies since the world wars) and by the slowdown of productivity and population …-income ratio β is about 300% if g= 3% and 600% if g= 1.5%. Our results have important implications for capital taxation and … regulation and shed new light on the changing nature of wealth, the shape of the production function, and the rise of capital …

arguments of the book will be simplified in the telling and retelling. In the case of my book <em>Capital in the Twenty …-First Century</em> (2014), a common simplification of the main theme is that because the rate of return on capital <em … inequality. Second, I briefly describe my multidimensional approach to the history of capital and inequality. Third, I review the …

the long run, and the secular decline in income inequality is for the most part a capital income phenomenon. Holders of … these shocks, probably because of the dynamic effects of progressive taxation on capital accumulation and pre-tax income …

of income and wealth, we show that top wealth holders are almost exclusively top capital earners, and less and less are …

decades, because the usual tax-based series miss a rising part of capital income. Growth incidence curves look dramatically …