Thomas Piketty emails: We do provide long run series on capital depreciation in the “Capital is back” paper with Gabriel [Zucman] (see http://piketty.pse.ens.fr/capitalisback, appendix country tables US.8, JP.8, etc.). The series are imperfect and incomplete, but they show that in pretty much every country capital depreciation has risen from 5-8% of GDP in the 19th … Continue reading Depreciation Rates on Wealth in Thomas Piketty’s Database: Monday Focus: June 9, 2014