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over the long run. Using a new historical cross-country database on capital shares in 19 countries and data from the World … distribution of income. Over time, this dependence varies; it was strong both before the Second World War and in the early interwar …
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Prior country case studies show substantial wage premiums in the financial sector contributes to growth of top incomes and wage inequality in a select group of advanced economies. However, while comparative studies show financialization exerts heterogenous effects on wage inequality across...
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