This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a …

This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the …, inequality will then be associated with less, rather than more, redistributive taxation. Furthermore, if the poor are liquidity … constrained then the positive association between inequality and fiscal conservatism will increase the persistence in the dynamics …

rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …

Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …

poverty alleviation program began in 2001 which finances public investments in designated poor villages based on participatory … consumption of richer households by 6.1 to 9.2 percent. We also find suggestive evidence that governance matters in the …

One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on … inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … lower inequality not between individuals but between the dynasties to which they belong? And how does this pattern in turn …

or societal laws benefiting religious citizens. Rising income inequality can, however, lead some of the rich to form a …

We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout …