In a series of papers, this thesis considers the long-run determinants of income inequality using data spanning back to the early 1800s. The contribution of these papers is to show that, once decomposed into its constituent parts (in particular, the skill premium and the capital share of income) inequality has a strong structural relationship to the stocks of capital and wealth. These relations are recoverable from relevant theoretical and empirical analysis, and help to elucidate the drivers of secular rises in inequality, since the 1980s, in the developed world.
|Qualification||Doctor of Philosophy|
|Award date||4 Jul 2022|
|Publication status||Published - 2022|