Zilibotti (2012) to incorporate wage inequality within each country. In this extended framework, we present conflict within and … across generations over fiscal policy and show that a low-inequality country realizes tight fiscal policy with low public … debt accumulation, whereas a high-inequality country experiences loose fiscal policy with high public debt accumulation …

Cross-country studies have found a negative relationship between income inequality and economic growth. The main …

We study the determinants of people’s attitudes toward income inequality and their economic consequences. We argue that … attitudes toward inequality depend on the extent of freedom of choice and control over life outcomes an individual enjoys. We …

redistributions decreases with the degree of inequality, at least over some range. Moreover, capital market imperfections make future … high inequality and low redistribution, or vice versa. Temporary shocks to the distribution of income or the political …

’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …-country differences in inequality permanent, or gradually narrowing? Equivalently, is there convergence not just in the first moment of …