research examining the issue has concentrated on international specialization and within-country income inequality as main … that income inequality is perceived very differently depending on openness to trade. The relevance of perceptions has wider …

disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … negatively by trade, while the Gini statistic is fueled by the falling labour share and increasing financial payments. Using … labour share fall, while its increase in the 2000s prevented inequality from worsening three times more than it actually did …

implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …

development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many high-productive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …