Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an...

This paper presents a theoretical model to show how distributional concerns can engender social conflict. We have a two‐period model that highlights the crucial role of future inequality. Equality of assets and income in the current period does not stop conflict from arising the anticipated...

The study determines how worsening internal and external conflict affects income inequality. The paper accounts for contributing variables and analyzes panel data in an unbalanced panel of 106 countries from 1988 to 2018-the panel data model groups by development status. The econometric model...

In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and empirical approaches have produced ambiguous results on sign and size of this relationship. Although there is a considerable part of the literature that considers inequality...

This paper explores how support for radical right populist parties may be shaped by new measures of deprivation and inequality based on growth-incidence-curves, gauging growth in real household income across a country’s income deciles and calculating a given decile's gains relative to the...

There is strong evidence that different income groups consume different bundles of goods. This evidence suggests that trade liberalization can affect welfare inequality within a country via changes in the relative prices of goods consumed by different income groups (the price effect). In this...