-oriented businesses. The VIX index (Chicago Board Options Exchange market volatility index) was once employed as a barometer of the …

households are worse off due to higher consumption volatility. A fixed exchange rate reduces the welfare of these households and …

disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … labour share fall, while its increase in the 2000s prevented inequality from worsening three times more than it actually did …. In turn, had financialisation not increased after 2005, inequality would have decreased to its level in the early …

inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i … growth and productivity is stagnating and inequality is rising. Our paper provides a theoretical explanation of this in the …

inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 ….7%-0.9% higher inequality in all three countries. However, in the 2000s, whereas the inequality-employment sensitivity ratio slightly …