This paper quantifies the impact of borrowing constraints on consumption and earnings inequality in a life-cycle model … inference to estimate the model parameters, and show that wealth inequality causes both placement into lower-paying jobs as well …

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 …

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 highproductive 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 …

market outcomes (transmission channels) and to test how these translate into a greater (or smaller) income inequality …

higher average wages; thus any relatively slower employment growth in this group of firms could lead to lower inequality …

This paper presents a connecting methodology in order to trace the emerging dynamics of inequality for the youth … trace the relationship between technological advancement and their comparative levels of inequality for the youth population …

as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as … hypothesize that income inequality likely has increased due to the pandemic. Policies aiming at reducing inequality in the labor …