capitalism, the Great Depression. However, the role of rising income inequality, which has risen dramatically before both crises …, is rarely discussed. In this paper we discuss the rise of top-end inequality and its effects on household consumption …, saving, and debt for the 1920s by applying a non-standard theory of consumption, the relative income hypothesis, to the …

We incorporate the division of income between capital and labor into analysis on the relationship between inequality …

The purpose of this paper is two-fold. First, we develop the measurement theory of polarization for the case in which … noise. An illustration of the use of these tools using data from 21 countries shows that polarization and inequality …

Preserving environmental quality and addressing economic inequality both feature prominently in public discourse … consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … distribution of environmental amenities and dis-amenities is associated with income and wealth, second, how economic inequality …

, information technology (in short IT) has caused rising monopoly power, which explains rising inequality, slow growth of wages and … empirical link of IT with monopoly power. Step 3 is theoretical, explaining why theory shows we should expect these results, by … rising functional inequality and explain that the unique properties of IT also cause rising personal inequality. In step 5 we …

profit-driven- and increase wealth inequality. However, the effect on long-run growth is negative, because of the reduced … restore balanced growth in the long run; and the increase in wealth inequality is permanent. The ultimate effect on long …

Pasinetti (1962) approach to differential saving propensities among classes with the theory of induced technical change (ITC) by …

Preserving environmental quality and addressing economic inequality both feature prominently in public discourse … consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … distribution of environmental amenities and dis-amenities is associated with income and wealth, second, how economic inequality …

equal distribution of education contributes significantly to reducing income inequality. Educational expansion is a major … factor in reducing educational inequality and thus income inequality. Public policies that improve social benefits and price … stability contribute to reducing income inequality, while public spending on education helps to reduce educational inequality …