The issue of income inequality occupies a prominent position in the research agenda of academic and policy circles … therefore the emergence of financial crises. This paper examines the long-run effect of income inequality on consumption … specific economies. The analysis indicates that higher income inequality has a detrimental impact on consumption and is …

compressing wages tend to increase (i) unemployment, (ii) functional income inequality, and (iii) personal income inequality. We …

to income inequality within the regions. This paper studies the effects of different types of technology … inequality within regions. In particular, policies are analyzed using a two-region agent-based macroeconomic model – the Eurace … short-, medium- and long-term effects of the policies on per-capita output and between as well as within regional inequality …

to study how different inequality shocks affect income dynamics and the effects of different types of fiscal policy … responses. We show that inequality shocks generate persistent falls in aggregate income by increasing the fraction of credit … the effects of inequality-generated recessions, namely deficit-spending direct government consumption and redistributive …

Empirical studies have pointed out that monetary policy may significantly affect income and wealth inequality. To … monetary policy increases inequality, even though this effect may differ across groups of households. This may put into …

Empirical studies have pointed out that monetary policy may significantly affect income and wealth inequality. To … monetary policy increases inequality, even though this effect may differ across groups of households. In addition, it appears … to be attenuated if the bank’s willingness to lend is lower. The overall analysis suggests that inequality can constitute …

The goal of this paper is to apply the theory of the political Kuznets curve to Russia and reveal the key determinants …. Empirical investigation of the role of income inequality using the latent variable framework allows us to outmanoeuvre certain … measurement issues and state that conventional measures of income inequality, such as the Gini coefficient, may not be able to …

This paper provides new estimates of the evolution of pay inequality in China, overall and by region and sector, from … China's overall pay inequality started to rise rapidly in the early 1990s, that it peaked in 2008, with the between …-provinces component peaking as early as 2002. Since 2008 overall pay inequality has decreased, with between-province and between …