• Kaldor and Piketty’s Facts: The Rise of Monopoly Power in the United States 

      Eggertsson, Gauti; Robbins, Jacob; Wold, Ella Getz (Journal article; Peer reviewed, 2021)
      The macroeconomic data of the last fifty years have overturned at least two of Kaldor’s famous stylized growth facts: constant interest rates, and a constant labor share. At the same time, the research of Piketty and others ...