We review the debate on the association of financial globalization with inequality. We show that the within …

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the … United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we …

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 … relationship between income inequality and the level of economic development. We also find that the redistributive impact of fiscal …

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 …

We posit that the relationship between income inequality and economic growth ismediated by the level of equality of … mobility to confirm that thenegative impact of income inequality on growth is higher the lower is intergenerationalmobility … literature on income inequality andgrowth has been so inconclusive …

economies, while income inequality has tended to increase. While previous research has noted that measured trust declines as …-2012). The results provide robust evidence that overall inequality lowers an individual's sense of trust in others in the United … States as well as in other advanced economies. These effects mainly stem from residual inequality, which may be more closely …

combination, on GDP and inequality. We focus on three dimensions of financial inclusion: access (determined by the size of … model to a firm-level data from the World Bank Enterprise Survey for six countries at varying degrees of economic … inclusion, GDP, inequality, and the distribution of gains and losses …