inequality. …

-off between equality and efficiency, actually wealth inequality delivers both inequality of opportunity and inefficiency. Due to …

inequality and welfare. We find that consumption inequality results from differences in agents' decision to access financial … third of observed consumption inequality. Finally, we analyze various policies aimed at increasing financial inclusion and … find that a direct transfer to bank account holders yields the highest welfare and lowest consumption inequality. …

of financial inclusion on welfare and inequality. We find that significant consumption inequality can result from limited … simple model is able to account for approximately a third of the observed consumption inequality. We analyze various policies … decrease in welfare and an increase in consumption inequality. Moreover, we find that a direct benefit transfer to bank account …

This paper investigates the impact of financialization and changes in corporate governance on income inequality for a … widespread, there has been little empirical analysis of the link between these phenomena and the rise in income inequality. Since … has increasingly focused on shareholder value. Three decades later, income inequality has grown considerably. Above all …