Theoretical and empirical evidence provides only partial guidance about the relationship between growth, inequality, and redistribution. Much of the problem stems from model uncertainty about what covariates to use, the relationships between them, and the channels through which inequality can...

Since globalisation accelerated in the early 1990s, income inequality has increased in most developed countries and in some middle-income countries, including China and India. Also, inequality has declined in most countries of Latin America and the Caribbean and in many Sub-Saharan African and...