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In the period of macroeconomic crisis in Georgia between 1991 and 1994 the combination of hyperinflation, catastrophic output drop and weak governance, have led to a sharp rise in inequality among households. Sharp inequities have arisen not only between households, but also between regions....
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This paper argues that political polarization plays a key role in shaping the economic expectations and consumption behavior of households. Using a combination of survey and consumption data of U.S. households, we document five facts. First, household beliefs are well-described by a single...
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This paper provides a review of empirical knowledge about income inequality in the Arab region, focusing primarily on the issues of data and measurement, and the characterization of its patterns and trends. The review shows good progress in the availability of data and quality of measurement....
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