High levels of economic inequality may lead to lower economic growth and can have negative social and political impacts … significantly more than previously suggested. Currently, the average Gini index (a common measure) of inequality in Eastern Europe … is about 3 percentage points higher than in the rest of Europe. This rise in inequality was initially driven by …

This paper looks at the links between inequality of opportunity and views about the underlying processes that support … economic success or failure. Unlike income inequality, inequality of opportunity isolates the extent to which inequality in … circumstances beyond an individual's control influences inequality of outcomes. Disparity in outcomes due to exogenous circumstances …

Wider participation in stockholding is often presumed to reduce wealth inequality. We measure and decompose changes in … US wealth inequality between 1989 and 2001, a period of considerable spread of equity culture. Inequality in equity … wealth is found to be important for net wealth inequality, despite equity's limited share. Our findings show that reduced …

degree of heterogeneity in household preferences or beliefs is sufficient to match empirical measures of wealth inequality in …

investment expensing brings about sizeable output gains and a nontrivial increase in after-tax income inequality. However, it …

inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …