When income inequality increases when average income levels increase, rises in average income levels might result in … inequality costs. This paper develops marginal social welfare measures that account for the possibility that income inequality … changes when average income levels change. Applications are given for the city of Amsterdam, The Netherlands. For this city …

this framework international trade increases income inequality between entrepreneurs and workers, and also inequality …We develop a model of international trade between two symmetric countries that features inter-group inequality between …

We develop a model of international trade between two symmetric countries that features inter-group inequality between … this framework international trade leads to a self-selection of the best firms into export status, and aggregate welfare … increases if this selection effect is sufficiently strong. Gains from trade are accompanied by larger inequality along multiple …

In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …

In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …

Some middle-income economies, many of which Latin American, have not achieved to make the transition into high-income … status for long years and are allegedly trapped in middle-income status. While there is considerable consensus on the … supporting growth convergence of middle-income countries. …