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In this paper, the relation between the equality of income distribution and sustainable development is discussed. This issue is elaborated using theories of justice of John Stuart Mill, John Roemer, John Rawls and Amartya Sen.
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We use an augmented gravity model to revisit the effect of similarity in income distributions on bilateral trade flows. Disentangling supply-side and demand-side mechanisms, we document a robust new regularity: while differences in average incomes between two countries increase trade,...
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This paper investigated the link between inflation and the top decile income share after the global financial crisis. The analysis was done on a sample of 42 countries. We found that higher inflation has reduced the income going to the top decile. The main explanation is that inflation has...
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