Inequality in the long run-Reference-Cited by-同舟云学术

Inequality in the long run

Published:2014-05-23 Issue:6186 Volume:344 Page:838-843
ISSN:0036-8075
Container-title:Science
language:en
Short-container-title:Science

Author:

Piketty Thomas¹,Saez Emmanuel²

Affiliation:

1. Department of Economics, Paris School of Economics, Paris, France.

2. Department of Economics, University of California at Berkeley, Berkeley, CA, USA.

Abstract

This Review presents basic facts regarding the long-run evolution of income and wealth inequality in Europe and the United States. Income and wealth inequality was very high a century ago, particularly in Europe, but dropped dramatically in the first half of the 20th century. Income inequality has surged back in the United States since the 1970s so that the United States is much more unequal than Europe today. We discuss possible interpretations and lessons for the future.

Publisher

American Association for the Advancement of Science (AAAS)

Subject

Multidisciplinary

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