Research At SCEPA
Capital and the Hindu Rate of Growth
WORKING PAPER | This paper finds that a combination of policies and shocks were able to significantly depress the personal wealth of the Top 0.1% between 1961-1986.
Wealth Accumulation and Aggregate Demand Stagnation
WORKING PAPER | I develop a structuralist model of long run growth and distribution with capitalists and workers.
Savings from Top Incomes and Accumulation in the United States Context
WORKING PAPER | This paper proposes that high savings out of top incomes contributed to the steady wealth income ratio amongst US households.
Thrift, Stagnation and Wealth Distribution in a Two Class Economy
WORKING PAPER | A two class (rentiers and workers) model of growth and distribution is applied to the study of long run stagnation in aggregate demand.
Worldly Philosopher: The Long-Run Consequences of Income Distribution
WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Rishabh Kumar, models the asymmetric distribution of income and examines its effect on the growth of the U.S. economy.
Wage Increases, Transfers, and the Income Distribution
WORKING PAPER | Authors examine large public financial flows that are both progressive and regressive, and construct tax and transfer programs that could be more beneficial for all.
Worldly Philosopher: Income Inequality and Demand Side Limitations
WORLDLY PHILOSOPHER | This week's Worldly Philosopher, Rishabh Kumar, writes on the wealth inequality debate.
U.S. Size Distribution and the Macroeconomy, 1986-2009
WORKING PAPER | The U.S. national income and product accounts are restated in the form of a social accounting matrix or SAM.
What Policies Will Really Reduce Inequality?
WORKING PAPER | In the United States, there is ongoing debate about how people of different income levels will be affected by policy decisions.