Capital and Labor : The Factor Income Composition of Top Incomes in the United States, 1962-2006
This paper finds that capital and labor incomes in the United States have become more closely associated since the 1980s. This contributed to the well-known increase in the top 1 percent's share of total income, exacerbating rising inequality...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/260871513017553079/Capital-and-labor-the-factor-income-composition-of-top-incomes-in-the-United-States-1962-2006 http://hdl.handle.net/10986/29004 |