This paper examines the macro-spanning hypothesis for bond returns in international markets. Based on a large panel of …

include poverty, inequality, unemployment and Human Development Index (HDI) using the sample of 129 countries over the period … to be insignificant. Some negative effect of globalization on inequality and unemployment is also reported by this study …. The traditional link between inequality, poverty and unemployment in the presence of globalization show that these three …

a panel estimation approach and rolling regressions, our analysis indicates that a significant change in the link … between income inequality and political polarization appears to have taken place over the last twenty years. Indeed, we find … that both average inequality, measured by the post-tax Gini coefficient, as well as the bottom 10%income share are …