Tuesday, February 14, 2017

Thomas Piketty — On inequality in China

According to the official statistics, China is still a passably egalitarian country in which the benefits of economic growth are fairly distributed. In fact this is far from certain as we see from the findings of a recent study carried out with Li Yang and Gabriel Zucman (available on line on WID.world). By combining unpublished sources, in particular by checking fiscal and wealth data against national accounts and surveys, we show that the official data considerably underestimates the level of inequality in China and its evolution....
Thomas Piketty's Blog
On inequality in China
Thomas Piketty | Professor at EHESS and at the Paris School of Economics
ht Mark Thoma at Economist's View

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