Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of …-cycle changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

This paper seeks to evaluate the findings of cross-national research on the relationship between income inequality and …

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

reduce consumption inequality on impact. …

In this article we characterize the evolution of inequality in hourly wages, hours of work, labor earnings, household … Presupuestos Familiares and the European Household Community Panel. Our analysis shows that inequality in individual net labor … in the unemployment rate have been key ingredients to understand this falling trend. However, the inequality reduction …

workers from agriculture is associated with rising wage inequality, rather than a Kuznets curve. The increase in sectoral wage … inequality is pronounced for agriculture. At the same time, structural transformation is associated with major reductions in …

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 …