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• W2236073123 abstract "This article studies the long-run relationship between the capital share in national income and top personal income shares. Using a newly constructed historical cross-country database on capital shares and top income data, we find evidence on a strong, positive link that has grown stronger over the past century. The connection is stronger in Anglo-Saxon countries, in the very top of the distribution, when top capital incomes predominate, when using distributed top national income shares, and when considering gross of depreciation capital shares. Out of-sample predictions of top shares using capital shares indicates several cases of over- or underestimation." @default.
• W2236073123 created "2016-06-24" @default.
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• W2236073123 date "2018-09-01" @default.
• W2236073123 modified "2023-10-04" @default.
• W2236073123 title "Capital Shares and Income Inequality: Evidence from the Long Run" @default.
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• W2236073123 doi "https://doi.org/10.1017/s0022050718000347" @default.
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