In the cross section of countries, there is a strong positive correlation between trade and income, and a negative …) identification strategy, and exploit countries' exogenous geographic characteristics to estimate the causal effect of trade on income … and inequality. Our cross-country estimates for trade's impact on real income are consistently positive and significant …

. Then, it elaborates on more granular tax policy, discussing key choices in the structure of the personal income tax on … labor and capital income, taxes on wealth, the corporate income tax, and consumption taxes. The paper concludes by …

income inequality and poverty, except financial liberalization, which tends to exacerbate them. Also, banking sector … fully support the reduction of poverty and income equality …This paper provides evidence on the link between financial development and income distribution. Several dimensions of …

inform policy by complementing the analysis of standard macro-level measures of inequality and poverty with a household …-level analysis of subjective perceptions of poverty. We find that many more people appear to feel poor than are classified as such … using purely income-based measures. Uncertainty, in particular related to expectations of future income and vulnerability to …

Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and … empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The … evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on …

different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle … years. Broad-based policies should aim to foster youth integration into the labor market and ensure adequate income and … health care support for the elderly. Turning to the intergenerational dimension, everyone should have the same chances in …