extent of income inequality and the fraction of the labor force that is constituted by guard labor. We close with some …

In this paper, we consider whether or not inequality forces society to expend more resources on supervision which … imposes an extra cost to doing business. Some argue that since inequality deteriorates social capital, there is a greater need … the link between inequality and guard labor. …

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over … possible rationale for recent inequality developments. …