Documents Supplementary graphs & material (not shown during lecture)

Supplementary graphs & material (not shown during lecture) Computing inheritance flow Bt/Yt = µt mt Wt/Yt ▪ Wt/Yt = aggregate wealth/income ratio ▪ mt = aggregate…

Documents Wealth and Inheritance (in the Long Run)

Wealth and Inheritance (in the Long Run) Thomas Piketty Paris School of Economics Handbook of Income Distribution Conference April 6th 2013 This chapter: how do wealth-income…

Documents On the Long-run Evolution of Inheritance France 1820-2050 Thomas Piketty Paris School of Economics.....

On the Long-run Evolution of Inheritance France 1820-2050 Thomas Piketty Paris School of Economics September 2010 There are two ways to become rich: either through one’s…

Documents Supplementary graphs & material (not shown during lecture)

Supplementary graphs & material (not shown during lecture) Computing inheritance flow Bt/Yt = µt mt Wt/Yt ▪ Wt/Yt = aggregate wealth/income ratio ▪ mt = aggregate…