.g. leverage and risky assets). Our estimates imply that softer monetary policy increases income inequality. …

inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital … speaking reflecting inequality) has somewhat interesting effects along the transitional path towards balanced growth. Hereby …

changes at the extremes of the distribution might obscure inequality's actual dimension, and thereby help perpetuate it. To … avoid this, the present paper discusses a complementary indicator for the measurement of inequality: the ratio of the income …