-of-thumb consumers. We demonstrate that an unexpected increase in government spending increases income inequality and decreases wealth … inequality. In contrast to the conventional wisdom that the financing of additional expenditures by debt rather than taxes …

correlate with household net wealth (or income). Bond price increases thus leave net wealth inequality largely unchanged. In … wealth inequality. Housing price increases display a hump shaped pattern over the net wealth distribution, with the poorest …

homogeneous MPC rates. Consumption inequality is countercyclical in this setting and a high degree of leverage amplifies the …

This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and …

This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and …

inequality in household wealth in all 8 countries. …

This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the … and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed …

recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data …