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1 posts on "capital-output ratio"
July 15, 2015

A Discussion of Thomas Piketty’s Capital in the Twenty‑First Century: Does More Capital Increase Inequality?

Maxim L. Pinkovskiy

My aim in the second post of this series on Thomas Piketty’s Capital in the Twenty-First Century is to talk about the economist’s research accomplishment in reconstructing capital-output ratios for developed countries from the Industrial Revolution to the present and using them to explain why wealth inequality will rise in developed countries.

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Posted at 7:00 am in Economic History, Housing, Inequality, Macroeconomics | Permalink

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