The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment … that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous … finance exacerbates inequality. The results point to a vicious cycle of inequality and costly borrowing …

intra-household inequality and individual risk of poverty …. The current practice of ignoring inequality within households could lead to an underestimation of both overall inequality … various effects. In total, two opposing effects, one on mean and one on inequality, compensate each other in terms of the …

arrangements. Firms that participate in the formal financial sector are also subject to higher levels of risk and uncertainty. As … risks and uncertainty in the presence of underdeveloped financial markets. The analysis shows that investing firms … more productive firms face higher risks and uncertainty, a model of resource allocation with heterogeneous firms is used to …

China has quickly become the largest e-commerce market in the world. By matching a nationally representative China …-commerce development has shaped household consumption growth in China. The paper presents three major findings. First, e … regions, and poor households, suggesting that e-commerce development helps reduce spatial inequality in consumption. Third …