Key Features:Income disparity is a hot topic in the 21st century. This book reflects the latest developments of economic growth and income disparity with case studies of 11 countries. It reveals how serious is the inequality, where inequality comes from and how to deal with these issuesThe book...

We use Bayesian time-varying parameters VARs with stochastic volatility to investigate changes in the marginal predictive content of the yield spread for output growth in the United States and the United Kingdom, since the Gold Standard era, and in the Eurozone, Canada, and Australia over the...