Does housing wealth contribute to wealth inequality? A tale of two New Yorks
Does housing wealth contribute to wealth inequality? A tale of two New Yorks
复制标题
住房财富是否会导致财富不平等?
DOI:
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发表时间:
2015
期刊:
影响因子:
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通讯作者:
Xavier Timbeau
中科院分区:
文献类型:
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作者:
G. Allègre;Xavier Timbeau
In Capital in the 21st century (hereafter Capital), Thomas Piketty points outthe risk of a concentration of wealth in the twenty-first century that would threaten the social justice and meritocratic values of our democratic societies.The main force of divergence is due to the fact that net returns on capital (r) are expected to be greater than the growth of the economy (g), or: “r>g”.According to Piketty, this will lead to two undesirable consequences: firstly,wealth will have a tendency to concentrate in the hands of a few; secondly,constituted wealth will tend to dominate accumulated wealth from labour:“the past devours the future”.