theimplications of these findings for several strands of the wealth inequality debate …We provide a systematic analysis of the properties of individual returns to wealth using twelve years ofpopulation data … standard deviation of 8%). Second,heterogeneity in returns does not arise merely from differences in the allocation of wealth …

This paper explores the impact of fiscal and labor market policies on efficiency, inequality, and fiscal outcomes in … inequality, the main exception being capital income tax cuts. A reduction of the minimum wage has an ambiguous impact on the … could improve overall efficiency, inequality, and fiscal outcomes, for instance if targeted labor tax reductions are offset …

rise in the unemployment rate, by about 3 percentage points, and income inequality during the pandemic. Our results show …

This paper analyzes the existence of 'wealth effects' derived from net equity (in the form of housing, financial assets …-2017. Overall, wealth effects are found to be relatively large and significant for housing wealth, but less so for other types of … wealth, including stocks. Furthermore, the analysis shows how these estimated marginal propensities to consume (MPC) from …

This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China's investment and export …-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location …

This paper investigates the main determinants of income inequality in transition countries during the period 1990 … inequality: the potential endogeneity of income growth, which is largely ignored by most empirical studies. We adopt a two …) estimator for dynamic models. Our empirical findings are consistent with the Kuznets curve that illustrates a nonlinear …

This paper is the first comprehensive empirical study of earnings, income, and consumption inequality in urban China … increase in economic inequality for the sample period. The paper finds that consumption inequality closely tracks income … inequality, both over time and over the life cycle. The paper believes that the main driver of this co-movement could be a …