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In this paper, we use the World Income Inequality Database to assess the main trends in inequality within countries since around 1990. We cope with the heterogeneity in the original information (regarding the measure of resources, equivalence scale, etc.) by focusing on the trends rather than on...
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Finance is a vital ingredient for economic growth, but there can also be too much of it. This study investigates what fifty years of data for OECD countries have to say about the role of the financial sector for economic growth and income inequality and draws policy implications. Over the past...
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Public questioning about the role of finance has been fuelled by the perception that financial sector pay is an important factor behind high economic inequalities. This paper is the first to provide a comprehensive look at the level of earnings in finance and the implications for labour income...
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