The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … policy shocks lead to a deterioration in earnings, income and consumption inequality and contribute to their fluctuation. The … response of income and consumption at different quantiles suggests that contractionary policy has a larger negative effect on …

The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … monetary policy shocks lead to a deterioration in earnings and income inequality and contribute to its fluctuation. Our …

We use a controlled laboratory experiment to study the causal impact of income decreases within a time period on …, we investigate the effect of a negative income trend (intra-personal decrease), which means a decreasing income compared … to one's recent past. Second, we investigate the effect of a negative income trend relative to the income trend of …

In this paper we use administrative data from the social security to study income dynamics and income risk inequality … in Spain between 2005 and 2018. We construct individual measures of income risk as functions of past employment history …, income, and demographics. Focusing on males, we document that income risk is highly unequal in Spain: more than half of the …

This paper examines the long-run relationship between income and urban air pollution using a joint distribution … are the major characteristics in the long-run relationship between income and urban air pollution in China, which implies … explain this new stylized fact. The findings provide strong support for taking more aggressive measures that consider income …