dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial …

disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … labour share fall, while its increase in the 2000s prevented inequality from worsening three times more than it actually did …. In turn, had financialisation not increased after 2005, inequality would have decreased to its level in the early …

for those at the bottom of the income scale? Will ARRA reverse the upward trend in inequality that we have seen in the … creation, ARRA is likely to have little impact on overall income inequality, or on the income gaps between relatively …

by personal inequality, capital intensity and trade, while the Gini statistic is fueled by the falling labour share and … inequality, although financialisation is the most important factor in absolute terms. In the post-Great Recession years of tense …

remittances and income inequality. In simple cross-country regressions we find a non-monotonic link between these two variables … stages of migration history, there is an inequality-increasing effect of remittances on income inequality. Then, as the … inequality. We also show how education and the development of the financial sector can help countries to reach the inequality …

Although people's perception of (income or wealth) inequality has important e_ects on their decisions as economic … agents or voters, little is known about how perceptions relate to measured inequality. We present a novel formal framework … guesses about the extent of inequality are based on reference groups. This framework predicts that perceptions of inequality …