This paper contributes to the literature by reviewing levels, trends, and structure of inequality since the early 1990s … the complexity of the underlying drivers of inequality changes. While the primary focus is on examining trends based on …

The last four decades have been marked by growing inequality. The inequality of income and wealth is one of the most … important macroeconomic issues of our time. Inequality contributed to Global Savings Glut and Global Financial Crisis through … factors, monetary policy, high leverage and the development of new money substitutes are critical in explaining the inequality …