Showing 1 - 1 of 1
We estimate capital and labor income Pareto exponents across 348 country-year observations that span 51 countries over half a century. We document two stylized facts: (i) capital income is more unequally distributed than labor income; namely, the capital exponent (1-3) is smaller than labor...
Persistent link: https://www.econbiz.de/10012389670