constant correction to survey-derived inequality estimates. Underreporting of income by the bottom 50% of the world income … distribution has become particularly important in recent decades. We reconfirm the findings of the literature that global poverty … and inequality have declined dramatically between 1980 and 2019. Finally, we find that within-country inequality is …

-acting force to the rapid increase in income inequality. Using a political-economy model where parties bargain over taxes and …

Top income inequality in the United States has increased considerably within occupations. This phenomenon has led to a … search for a common explanation. We instead develop a theory where increases in income inequality originating within a few … provides non-divisible services to consumers, with physicians our prime example. Examining local income inequality across U …

Heathcote et al. (2010) conducted an empirical analysis of several dimensions of inequality in the United States over …, the gender wage gap has kept shrinking. Both individual- and household-level income inequality have continued to rise at … the top, while the cyclical component of inequality dominates dynamics below the median. Inequality in consumption …

This paper studies how household inequality shapes the effects of the zero lower bound (ZLB) on nominal interest rates … combine low inflation targets and high levels of wealth inequality …

We explore the evolution of income inequality and mobility in the U.S. for a large number of subnational groups defined … find that income inequality and income growth patterns identified from administrative tax records differ in important ways … illustrate IDDA's relevance for understanding income inequality trends. First, we extend Bayer and Charles (2018) beyond earnings …

and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse … development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we …

incidence of economic harms during the COVID pandemic. We observe a sharp spike in poverty, peaking during India's sharp but … short lockdown. However, there was a striking decrease in income inequality outside the lockdown. There was a smaller … decrease in consumption inequality, likely due to consumption smoothing. Evidence supports two mechanisms for the decline in …