The Upward Redistribution of Income

Dean Baker

Review of Radical Political Economics, 2016, vol. 48, issue 4, 529-543

Abstract: This paper examines the extent to which the growth in rents can explain the upward redistribution in income since 1980. It examines and provides preliminary estimates for the growth of rents in four main areas: increased patent and copyright rents, the growth of the financial sector, the increase in CEO pay due to the failure of the corporate governance, and the increase in pay for the most highly paid professionals due to protectionist barriers.

Keywords: inequality; finance; patents (search for similar items in EconPapers)
JEL-codes: E10 E60 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:48:y:2016:i:4:p:529-543

DOI: 10.1177/0486613416655628

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