Using 2011-12 consumption micro-data, we find that nearly one-third of the variation in living standards in India can … be explained by location alone. Consumption levels and locational inequality are positively related. In effect, from an … these findings is the large difference in average consumption levels between rural and urban India and continued divergence …

years. Broad-based policies should aim to foster youth integration into the labor market and ensure adequate income and …

claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …

The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically …, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in … it is very large and not accompanied by a real contraction. But restoration of the lower income group''s bargaining power …

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we … income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the …

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we … income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the …

available for managing exhaustible natural resources; and analyzes the relationship between resource wealth and state fragility … of resource wealth …

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 …

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