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

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

theoretical model in which it is positively related to income inequality, more so under weak institutions, and is negatively …This paper presents theory and evidence on the determinants of the size of the informal sector. We propose a simple … informal sector, income inequality, and institutional quality. The results are shown to be robust with respect to a variety of …

This Paper develops a model of political consensus in order to explain the missing link between inequality and …-interested politicians propose non-discriminatory policies. We study how much inequality can be sustained in a democracy and how the limits … to redistribution vary with initial inequality. We find that the bounds of the set of political equilibria may react in a …

Cross-country evidence on inflation and inequality suggests that they are positively correlated. I explore 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 …

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 …