CEP News: Bear Market News - Of Plutocrats and Plutocracy: Forget the 1%: It is the 0.01% who are really getting ahead in America

Bear Market News - Of Plutocrats and Plutocracy:
Forget the 1%: It is the 0.01% who are really getting ahead in America

22 June 2015

A new paper by Mr Saez and Gabriel Zucman of the London School of Economics reckons past estimates badly underestimated the share of wealth belonging to the very rich. It uses a richer variety of sources than prior studies, including detailed data on personal income taxes (which the authors mine for figures on capital income) and property tax, which they check against Fed data on aggregate wealth.

This article was published online by Bear Market News - Of Plutocrats and Plutocracy on June 22, 2015
Link to article here

Related links
Gabriel Zucman webpage
Productivity and Innovation Programme webpage
Gabriel Zucman CEP publications webpage

Bear Market News - Of Plutocrats and Plutocracy:Forget the 1%: It is the 0.01% who are really getting ahead in America

Bear Market News - Of Plutocrats and Plutocracy:
Forget the 1%: It is the 0.01% who are really getting ahead in America