Although it is often argued that wealth inequality matters more for economic growth than income inequality, this … timeframe. Leveraging hitherto unexploited wealth inequality data from the World Inequality Database, covering a panel of 165 … at the top of the distribution and economic growth. A one standard deviation increase in wealth inequality within …

This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the … and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed …

The recent debate on trends in inequality in industrial countries has been marred by the lack of consensus about the … relevant concept of inequality. Labour economists are concerned with inequality in earnings, macroeconomists with movements in … the wage share, while policy-makers tend to focus on household income inequality. We provide a unifying framework to study …

of the above three variables. Labour market institutions hence affect income inequality, though the sign of their impact … is ambiguous. Stronger unions and/or a more generous unemployment benefit tend to reduce inequality through reduced wage … examine these effects. We find, first, that the labour share remains an important aspect of overall inequality patterns, and …

these effects. We find, first, that the labour share remains an important determinant of overall inequality patterns, and …, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital …-labour ratios also emerge as a strong equalising factor, which has in part offset the impact of increasing wage inequality on the US …

in overall economic well-being and inequality as well as changes in racial economic inequality over the Great Recession …, using the period from 1989 to 2007 for historical context. We find that while racial inequality increased from 1989 to 2010 …, during the Great Recession racial inequality in terms of the Levy Institute Measure of Economic Well-Being (LIMEW) decreased …

of inequality; and to identify which social groups (or classes) have gained from these changes, using the decomposition …

case for redistributive policies because the global increase of income inequality and wealth concentration was an important … driver for the financial and Eurozone crisis. The high levels of income inequality resulted in balance of payment imbalances … and rising debt levels. Rising wealth concentration contributed to the crisis because the increasing asset demand from the …

The upswing in finance over the past several decades has led to rising inequality, but do downswings in finance lead to … a symmetric decline in inequality? In this paper, we analyze the asymmetry of the effect of ups and downs in financial … markets, as well as the effect of increased capital requirements and the bonus cap on national earnings inequality. We use …