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Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth … significantly higher values than income volatility, the effect being mostly driven by changes in the market value of real estate …
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Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth … significantly higher values than income volatility, the effect being mostly driven by changes in the market value of real estate …
Persistent link: https://www.econbiz.de/10012480471
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- income inequality as 'undesirably high', and as a source of 'pained conscience' (Simonsen 1972, 57; 59). [...] …
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This paper is about “Capital in the Twenty-first Century” by Thomas Piketty. It identifies his central macroeconomic claims and examines them, arguing that the contentions are theoretically and empirically unwarranted.
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