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expanded welfare system meant that, if anything, disposable income inequality fell. Rising house prices have benefited people …
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inequality from 2005 to 2016 at the monthly frequency. We investigate the dynamic relationship between monetary policy and the … evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …
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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 … detailed micro level information to construct quarterly historical measures of inequality from 1969 to 2012. We investigate …
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In this paper we use administrative data from the social security to study income dynamics and income risk inequality … inversely related to income and age, and income risk inequality increases markedly in the recession. These findings are robust … in Spain between 2005 and 2018. We construct individual measures of income risk as functions of past employment history …
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