Top incomes and national savings
The relationship between income inequality and national savings is theoretically ambiguous, and past empirical studies have delivered mixed results. We revisit the question using a newly available source of data on inequality: the income share of the richest 10 percent and the richest 1 percent. Combining this with historical data on national savings rates, we are able to investigate the relationship for 11 developed countries over the period 1921-2002. We find no consistent relationship...[Show more]
|Collections||ANU Research Publications|
|Source:||Review of Income and Wealth|
|01_Leigh_Top_incomes_and_national_2009.pdf||214.9 kB||Adobe PDF||Request a copy|
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