Six major changes since the financial crisis – My Monday column
Developed countries’ economies were enjoying robust growth in the first half of 2008, despite some initial cracks that had been appearing since the previous summer. That was ten years ago,…
Income inequality, labor market inequality
The report published recently by the Paris School of Economics measures income and wealth inequality around the world and reveals the high share of total income accounted for by the…
A graph to illustrate the US structural problem
This graph illustrates an article by David Leonhardt (NY Times) on the US income distribution. It shows how the income distribution has changed between 1980 and 2014. In 1980, there…
On the US Income Distribution
A national accounts framework that can show the income distribution by decile is a priori fascinating. Piketty, Saez and Zucman have done that for the US. It allows to look…
Upheaval in the income distribution
Branko Milanovic (@BrankoMilan) shows, with a simple graph, one of the most important change seen since the end of last century. His question was related to real income distribution but…
My Daily Column – Income Distribution and Growth
Income distribution is currently a major topic as the crisis has persistent effects. We remember during fall of 2011 the “Occupy Wall Street” movement. More recently Thomas Piketty‘s book gave…