Phillip W. Magness

U.S. Economic & Political History

Why Piketty-Saez yields an unreliable inequality estimate before World War II

| April 8, 2017

Next week I will be co-presenting a paper at the APEE conference on the reliability of historical estimates of income inequality in the United States. Our paper examines and offers a number of corrections to the widely cited income inequality time series by Thomas Piketty and Emmanuel Saez (2003). This series provides the baseline for […]