Karanassou, Marika; Sala, Hector - School of Economics and Finance, Queen Mary - 2012
. In turn, had financialisation not increased after 2005, inequality would have decreased to its level in the early …In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the … disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution …