We explore the relationship between inequality, unemployment, and inflation by considering the evidence that low-wage workers are more exposed to business cycle fluctuations. The analysis is undertaken in an extended version of the stock-and-flow consistent agent-based model by Rolim et al....

This text investigates the impacts of education's public spending on social inequality in Brazil throughout the 21st century. For that, two data sources were used: the last three editions of the IBGE's Consumer Expenditure Survey (POF), referring to the years 2002-2003, 2007-2008 and 2017-2018,...

Based on a narrative dataset constructed by David and Leigh (2018) that covers nine South American economies in the period 1982-2017, this paper estimates dynamic effects of fiscal consolidations on income inequality from Jordá (2005)'s local projections method. Results suggest that fiscal...