Belabed, Christian A. - In: European Journal of Economics and Economic Policies: … 15 (2018) 1, pp. 47-70
This paper discusses the rise of top-end inequality and its effects on household consumption, saving, and debt in the … period of interest. Analysing the relevant data descriptively, the paper argues that income inequality is linked to the … debt. Thus, the rise of top-end inequality in connection with a broader institutional change, such as the deregulation of …