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whether climate shocks affect income inequality in a large number of countries. We use data on climate indicators, income and … inequality measures for 153 countries spanning a long time period. The climate shock is identified as the disturbance that … with an increase in measures of income inequality. We find a heterogeneous impact of the on the left and right tail within …
Persistent link: https://www.econbiz.de/10014455410
We study the impact of climate volatility on economic growth exploiting data on 133 countries between 1960 and 2005. We … conditions less predictable across countries, with important implications for growth. Controlling for concomitant changes in … temperatures, a +1oC increase in temperature volatility causes on average a 0.9 per cent decline in GDP growth and a 1.3 per cent …
Persistent link: https://www.econbiz.de/10012608712
The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … detailed micro level information to construct quarterly historical measures of inequality from 1969 to 2012. We investigate … whether monetary policy shocks played a role in explaining this increase in inequality. We find that contractionary monetary …
Persistent link: https://www.econbiz.de/10011431334
inequality from 2005 to 2016 at the monthly frequency. We investigate the dynamic relationship between monetary policy and the … evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …
Persistent link: https://www.econbiz.de/10012120339
The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … detailed micro level information to construct historical measures of inequality from 1968 to 2008. We study whether monetary … monetary policy shocks lead to a deterioration in earnings and income inequality and contribute to its fluctuation. Our …
Persistent link: https://www.econbiz.de/10010480347