This paper provides a comprehensive survey of seven aspects of rising inequality that are usually discussed separately …: changes in labor’s share of income; inequality at the bottom of the income distribution, including labor mobility; skill …-biased technical change; inequality among high incomes; consumption inequality; geographical inequality; and international differences …

This essay presents a rigorous theory of involuntary unemployment in less developed countries based on the observation … that at low consumption levels a person's overall ability to work is impaired. The theory links the incidence of … involuntary unemployment in a market economy to the incidence of malnutrition and this in turn to inequality in the distribution …

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

, which provides an integrated framework for analysing the local determinants of inequality and growth. Five main conclusions … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth …

redistributions decreases with the degree of inequality, at least over some range. Moreover, capital market imperfections make future … high inequality and low redistribution, or vice versa. Temporary shocks to the distribution of income or the political …

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the … possible rationale for recent inequality developments. …