Testing Piketty's Hypothesis on the Drivers of Income Inequality : Evidence from Panel VARs with Heterogeneous Dynamics /

Thomas Piketty's Capital in the Twenty-First Century puts forth a logically consistent explanation for changes in income and wealth inequality patterns. However, while rich in data, the book provides no formal empirical testing for its theoretical causal chain. In this paper, I build a set of P...

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Bibliographic Details
Main Author: Goes, Carlos
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/160
Online Access:Full text available on IMF