inequality, both within and across countries. We find that the welfare costs of inequality are significantly larger than the …-capita consumption, the costs of within-country and cross-country inequality are equivalent to a permanent reduction in per … positive rate of 2.1%) in exchange for the elimination of all within-country inequality. The gains of economic growth are …

-evaluation framework. Surprisingly, we find that the welfare costs of inequality outweigh the benefits of growth in most cases. These … calculations support the case for a research agenda that treats not only growth but also inequality as a priority …

We explore the relationship between inequality, unemployment, and inflation by considering the evidence that low …-and-flow consistent agent-based model by Rolim et al. (2023), in which inflation and inequality result from the social conflict over … income distribution. The inflation-unemployment-inequality nexus leads to the inequality-augmented Phillips curve relating …