We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure … voluntarily supplied public goods; specifically, we show that not only an income inequality-raising redistribution policy but also … allowed, an inequality-raising redistribution policy is no longer effective and leaves social welfare unchanged. …

When measuring income inequality over long periods of time, accounting for population and productivity growth is … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …-term income inequality trends. …

development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many highproductive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …

these differences in cost-of-living. In this paper, we study consumption inequality in India, while fully allowing for non … significantly overestimate the rise in real inequality. Moreover, we show that the allowance for non-homotheticity is quantitatively … inequality when there is segregation in consumption / production, by which we mean that people's consumption patterns are skewed …

This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …

Inequality is an important threat to the globalization of the world economy that we experience today. This contribution … uses a new measure of inequality: heigth inequality. It covers not only wage recipients, but also the self-employed, the … turns out that within-country inequality is higher in time periods of greater openness.We also find that inequality leads to …