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There is much disagreement about both the facts and the explanations of income inequality. Even if we confine attention to OECD countries, we find people arguing that there has been a great U-turn, with inequality rising sharply after its post war fall, and others who believe that the speed of...
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This paper uses data from the key comparative sources available for the rich countries to examine how both real median incomes and income inequality have evolved from around 1980 through the Great Recession. There are striking differences across OECD countries in average real median income...
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