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When the Dow Jones stock index hit an all-time high on March 5, 2013, some commentators said that this surge in share prices indicated a breaking of the psychological barrier faced by markets since the Great Recession. But others noted just how volatile financial markets have been – the...
Persistent link: https://www.econbiz.de/10011184364
According to Canadian taxfiler data, over the last thirty years there has been a surge in the income shares of the top 1%, top 0.1% and top 0.01% of income recipients, even with longitudinal smoothing by individual using three- or five-year moving averages. Top shares fell in 2008 and 2009, but...
Persistent link: https://www.econbiz.de/10011184377
How have the poorest sections of society in India responded to the rapid changes in the Indian economy over the past 30 years? We examine this question by contrasting the fortunes of the historically disadvantaged scheduled castes and tribes (SC/ST) in India with the rest of the workforce in...
Persistent link: https://www.econbiz.de/10008455280