Response Paper#1 Explain Kuznets’s Inverted-U Hypothesis. Why is Piketty critical of Kuznets’s hypothesis? Is there empirical evidence supporting or refuting the hypothesis?

Response Paper#1

 

Explain Kuznets’s Inverted-U Hypothesis. Why is Piketty critical of Kuznets’s hypothesis? Is there empirical evidence supporting or refuting the hypothesis?

 

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