Narrow search
Showing 1 - 10 of 3,343
Cover Image
Does Inequality Lead to a Financial Crisis?
Bordo, Michael D. - 2012
The recent global crisis has sparked interest in the relationship between income inequality, credit booms, and financial crises. Rajan (2010) and Kumhof and Rancière (2011) propose that rising inequality led to a credit boom and eventually to a financial crisis in the US in the first decade of...
Persistent link: https://www.econbiz.de/10013109860
Cover Image
Global Wealth Inequality
Zucman, Gabriel - 2019
growing literature on wealth inequality across the world. Evidence points towards a rise in global wealth concentration: for … financial globalization makes it increasingly hard to measure wealth at the top. I discuss how new data sources (leaks from …
Persistent link: https://www.econbiz.de/10012894436
Cover Image
Covid-19 and Global Income Inequality
Deaton, Angus - 2021
There is a widespread belief that the COVID-19 pandemic has increased global income inequality, reducing per capita incomes by more in poor countries than in rich. This supposition is reasonable but false. Rich countries have experienced more deaths per head than have poor countries; their...
Persistent link: https://www.econbiz.de/10013247006
Cover Image
Causes of the Great Recession of 2007-9 : The Financial Crisis is the Symptom Not the Disease!
Jagannathan, Ravi - 2010
Globalization has made it possible for labor in developing countries to augment labor in the developed world, without … world's effective labor supply, triggered by geo-political events and technological innovations, coupled with the inability …
Persistent link: https://www.econbiz.de/10013150645
Cover Image
Globalization and Global Crises : Rest of the World vs. Israel
Razin, Assaf - 2021
. The paper provides an overview of the new globalization trends in the world and in Israel, with emphasis on the role of …Post WWII globalization forces are facing headwinds in the form of global crises-the “The Great Recession” and the “The … Pandemic Recession”. Israel’s trade and financial globalization, however, is steadily rising. The pandemic-induced slump in …
Persistent link: https://www.econbiz.de/10013250932
Cover Image
Distributional Effects of Globalization in Developing Countries
Goldberg, Pinelopi - 2014
We discuss recent empirical research on how globalization has affected income inequality in developing countries. We … begin with a discussion of conceptual issues regarding the measurement of globalization and inequality. Next, we present … empirical evidence on the evolution of globalization and inequality in several developing countries during the 1980s and 1990s …
Persistent link: https://www.econbiz.de/10012752006
Cover Image
Income Inequality, Tax Base and Sovereign Spreads
Aizenman, Joshua - 2012
This paper investigates the association between greater income inequality, de-facto fiscal space, and sovereign spreads. Using data from 50 countries in 2007, 2009 and 2011, we find that higher income inequality is associated with a lower tax base, lower de-facto fiscal space, and higher...
Persistent link: https://www.econbiz.de/10013104730
Cover Image
Inequality
Glaeser, Edward L. - 2012
This paper reviews five striking facts about inequality across countries. As Kuznets (1955) famouslyfirst documented, inequality first rises and then falls with income. More unequal societies are muchless likely to have democracies or governments that respect property rights. Unequal societies...
Persistent link: https://www.econbiz.de/10013105088
Cover Image
Global Inequality Dynamics : New Findings from Wid.World
Alvaredo, Facundo - 2017
This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID.world …
Persistent link: https://www.econbiz.de/10012963762
Cover Image
Misperceiving Inequality
Gimpelson, Vladimir - 2015
A vast literature suggests that economic inequality has important consequences for politics and public policy. Higher inequality is thought to increase demand for income redistribution in democracies and to discourage democratization and promote class conflict and revolution in dictatorships....
Persistent link: https://www.econbiz.de/10013022594