In this paper, we present empirical evidence that higher income inequality is associated with a greater equity share in countries' external liabilities, and we develop a theoretical model that can explain this observation: In a small open economy with traded and nontraded goods, entry barriers...

The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. These estimates include, for the first time, the effect of in-kind food subsides on poverty and inequality. Extreme...

Contents: Introduction / Louis-Philippe Rochon and Virginie Monvoisin -- Part I: Post-Keynesian views on finance and financialization -- 1. Measuring finance for the economy and finance for finance / Marcello Spanò -- 2. Economic limits of the originate to distribute model of banking / Óscar...

Traditionally, there have been two strands in the analysis of poverty, inequality and development - a micro strand that focuses on individual behavior, welfare economics and the measurement of inequality and poverty, and a macro strand that analyzes economy-wide policies and the role of...

The parameterization of income distributions using Lorenz Curves is a useful technique to analyze the characteristics of income inequality within a given population. It provides a way of describing how data are generated, why the level of inequality is what it is, and how these factors impact...