recovery in the 1930s, especially the New Deal. The role of income inequality before and during the Great Depression, however …, has almost never been discussed thoroughly. This paper attempts to answer two questions. Firstly, was inequality perceived … policy design did take seriously the problem of inequality? Using official documents such as transcripts of Roosevelt …

quality, land deforestation and pollution, and frequent atmospheric haze are gaining increasing attention from both …

The effects of technological change on wage inequality are usually studied under the assumption of exogenous supplies … demand parts of the model we are able to study the effects of technological change on wage and income inequality. This … inequality resulting from fast technological change. In addition, we examine whether in a three factor model the main presumption …

capitalism, the Great Depression. However, the role of rising income inequality, which has risen dramatically before both crises …, is rarely discussed. In this paper we discuss the rise of top-end inequality and its effects on household consumption …, saving, and debt for the 1920s by applying a non-standard theory of consumption, the relative income hypothesis, to the …