Accounting for Inequality : Questioning Piketty on National Income Accounts and the Capital-Labor Split

Medientyp: E-Artikel
Titel: Accounting for Inequality : Questioning Piketty on National Income Accounts and the Capital-Labor Split : Questioning Piketty on National Income Accounts and the Capital-Labor Split
Beteiligte: Reitz, Charles
Erschienen: SAGE Publications, 2016
Erschienen in: Review of Radical Political Economics
Sprache: Englisch
DOI: 10.1177/0486613415605075
ISSN: 0486-6134; 1552-8502
Schlagwörter: Economics and Econometrics ; Philosophy
Entstehung:
Anmerkungen:
Beschreibung: <jats:p> Piketty’s study of capital and inequality, especially the distribution of the national income through a “capital-labor split,” is examined and compared with a model developed from data sets from the U.S. Department of Commerce. Piketty’s inclusion of executive supersalaries as labor income is questioned as over-estimating labor’s share of national income distribution and labor’s role as a causal factor in the intensification of inequality. </jats:p>

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