The recent debate on trends in inequality in industrial countries has been marred by the lack of consensus about the … relevant concept of inequality. Labour economists are concerned with inequality in earnings, macroeconomists with movements in … the wage share, while policy-makers tend to focus on household income inequality. We provide a unifying framework to study …

in overall economic well-being and inequality as well as changes in racial economic inequality over the Great Recession …, using the period from 1989 to 2007 for historical context. We find that while racial inequality increased from 1989 to 2010 …, during the Great Recession racial inequality in terms of the Levy Institute Measure of Economic Well-Being (LIMEW) decreased …

income does not account for the remarkablewealth inequality disparities between countries.As a result, their different … institutions and other latent factors receive all the credit. Here,we propose to focus on one type of wealth inequality, the … inequality of opportunities (IOp) in wealth: the share of overall wealth inequality explained by circumstances like inheritances …

inequality deviated substantially. Differences in the composition of household portfolios along the wealth distribution explain … counterbalancing effect and triggered the largest spike in wealth inequality in postwar history. Our findings highlight the importance …

groups and overall inequality, as well as the correlation between wage inequality and income inequality in each state. The … findings of the study present a nuanced picture, indicating that inequality between U.S. states (between-group inequality) has … limited influence on overall inequality and that each state presents its own distinct relationship between wage and income …

How much does inequality matter for the business cycle and vice versa? Using a Bayesian likelihood approach, we … income risk and taxes. We find that adding data on inequality does not materially change the estimated shocks and frictions … income inequality. The systematic components of monetary and fiscal policy are important for inequality as well. …

The measurement of Inequality of Opportunity has attracted a lot of attention in recent years, despite of the fact that … occupation. Secondly, we compare the results of our approach to estimate Inequality of Opportunity (which includes a measure of … background. Finally, we apply it to estimate Inequality of Opportunity for the full length of the EU-SILC database, which covers …