How much does inequality matter for the business cycle and vice versa? Using a Bayesian likelihood approach, we … income risk and taxes. We find that adding data on inequality does not materially change the estimated shocks and frictions … income inequality. The systematic components of monetary and fiscal policy are important for inequality as well …

This paper introduces a framework to study the impact of trade liberalization on wage inequality and welfare in the … of workers for working at different firms generates between-firm wage inequality for workers with identical skills. The … inequality, but in an open economy high levels of monopsony power inhibit exporting, which may reduce inequality by compressing …

is halved when the across-firm and across-region reallocation mechanisms are at work. Finally, both theory and …

are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in … polygynous societies. These dimensions include (i) economic, reproductive and social inequality resulting in relative deprivation … among non-elite men; (ii) inequality within elites when it comes to the distribution of resources and inheritance, both …

coefficient over last four decades. This seems to suggest a robust empirical evidence that the growth or change in inequality … across nations has a negative relation with initial degree of inequality. This would imply that poorer nations starting with … higher degree of inequality experience weaker growth in inequality, exhibiting some sort of convergence in the inequality …

that the choices of the proposers and the responders are consistent with social identity theory (higher offers and lower …

and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule …