The proposal involves the establishment of 'welfare accounts' for every person in a country. There are to be four … of the current welfare state systems - where welfare services are financed predominantly out of general taxes - people … would make ongoing, mandatory contributions to each of these welfare accounts. The balances in these accounts would cover …

The current trends in the capital/labor split and the impacts thereof on the growth of inequality are one of the main … world least inequality). Then statistically significant implications for the growth of inequality are derived and some …

The inequality growth during the last quarter century is explained as caused by a decreasing labor-labor exchange rate …, Japan, United Kingdom and United States) and Denmark (known for the world least inequality). Finally, it is shown that the … dependence between the degree of inequality and the degree of decline of the labor-labor exchange rate is statistically highly …

In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve … along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to …

income inequality during periods of private debt overhang. In contrast, there are no discernible distributional effects when …

1978-2013, this paper analyses the dynamic effects of fiscal consolidation episodes on income inequality in the short and … to an increase in income inequality. Baseline results suggest that in the aftermath of the start of a fiscal adjustment …