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We are used to thinking about inequality within countries--about rich Americans versus poor Americans, for instance …. But what about inequality between all citizens of the world? <i>Worlds Apart</i> addresses just how to measure global … inequality among individuals, and shows that inequality is shaped by complex forces often working in different directions. Branko …
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In this article I review the current state of our knowledge of what factors account for labor income and wealth … inequality among households. In particular, I stress that shocks to labor incomes suffice to generate observable differences … between the wealth of the households. (Copyright: Fundación Empresa Pública) …
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This paper is about “Capital in the Twenty-first Century” by Thomas Piketty. It identifies his central macroeconomic claims and examines them, arguing that the contentions are theoretically and empirically unwarranted.
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entering an era of increasing income inequality. In this article, the link between financial wealth and pre-tax household …Globalisation has a major impact on the levels and distribution of wealth. The financial markets are highly integrated … wealth over the past 25 years. Nonetheless, this has not led to an equally large increase in property income because the …
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In 2013, some 2.6 million people received long-term care benefits. The number of benefit recipients has risen by 45 percent since 1998. A good 70 percent of benefit recipients, roughly 1.7 million people, are cared for at home and nearly 30 percent in a nursing facility. There are also a...
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