Income Inequality from 1960–2012: A Brief Time-Series History of Capital and Labour

Abstract

This commentary examines two principal forms of inequality and their evolution since the 1960s: the division of national income between capital and labour, and the share of total income held by the top 1 per cent of earners. Trends are linked to current discussions of inequality drivers such as financialisation, and a brief time-series analysis of the effects of trade and financial sector growth on top incomes is presented.

Keywords

inequality labour share time series Ireland top income

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