The Capital-Labor Split in the Twenty-First Century

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Notes from GV4D4 week 2.

mostly on the capital-labour income split in the 21st century. Most salient idea: α=r*β computes the share of income from capital.


        Piketty, T. (2014). The Capital-Labor Split in the Twenty-First Century. In Piketty, T. Capital in the Twenty-First Century. Belknap Press, pp. 199-236

Capital in the Twenty-First Century
by Arthur Goldhammer, Thomas Piketty

Capital in the Twenty-First Century
by Arthur Goldhammer, Thomas Piketty

Capital in the Twenty-First Century
by Arthur Goldhammer, Thomas Piketty

The Capital-Labor Split in the Twenty-First Century

Capital in the Twenty-First Century by Arthur Goldhammer, Thomas Piketty

Capital in the Twenty-First Century by Arthur Goldhammer, Thomas Piketty

Capital in the Twenty-First Century by Arthur Goldhammer, Thomas Piketty

The Capital-Labor Split in the Twenty-First Century

Capital in the Twenty-First Century
by Arthur Goldhammer, Thomas Piketty

Capital in the Twenty-First Century
by Arthur Goldhammer, Thomas Piketty

Capital in the Twenty-First Century
by Arthur Goldhammer, Thomas Piketty