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https://doi.org/10.1016/j.ruje.2017.02.003
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Income inequality revisited 60 years later: Piketty vs Kuznets
[Zeitschriftenartikel]
Abstract This paper compares two popular views on the evolution of income inequality. The article by Simon Kuznets, which was published in American Economic Review in 1955, considers inequality as a byproduct of economic growth and suggests that a relatively rich economy should also be less unequal. In contr... mehr
This paper compares two popular views on the evolution of income inequality. The article by Simon Kuznets, which was published in American Economic Review in 1955, considers inequality as a byproduct of economic growth and suggests that a relatively rich economy should also be less unequal. In contrast, Thomas Piketty indicates that inequality is progressing, and an internationally coordinated policy is required to bring inequality under control. My paper applies the arguments of Kuznets and Piketty to the problem of income inequality in modern Russia.... weniger
Thesaurusschlagwörter
Wirtschaftswachstum; Einkommen; Russland; Einkommensunterschied
Klassifikation
Wirtschaftspolitik
Freie Schlagwörter
income inequality; labor income; economic rents; CEOs
Sprache Dokument
Englisch
Publikationsjahr
2017
Seitenangabe
S. 42-53
Zeitschriftentitel
Russian Journal of Economics, 3 (2017) 1
ISSN
2618-7213
Status
Veröffentlichungsversion; begutachtet
Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0