In this article, we examine structural changes in minimum wage and low wage labor following the introduction and first increase of the German minimum wage. Changes in the impact that workers face earning gross hourly wages below the minimum-wage or low-wage thresholds are identified by comparing...

This paper investigates the long-run nexus between wealth inequality and aggregate output using a DSGE model in which wealth inequality endogenously affects individual entrepreneurship incentives, thereby influencing aggregate output. Our model passes the indirect inference test against the UK...

We provide evidence for a new propagation mechanism of wealth inequality and mobility. Using unique administrative data and a quasi-field experiment of exogenous assignment, we find that educated entrants, faced with greater local wealth inequality and salient cases of wealth mobility, take...

The European Union has improved living standards, yet welfare disparities persist across regions, countries, and demographic groups. This paper uses data from European Union Statistics on Income and Living Conditions cross-sectional and longitudinal surveys and the at-risk-of-poverty or social...

Since intra-household resource distribution is unobserved, it is difficult to compare how women and children fare across countries. To address this, we analyze 45 household expenditure surveys from predominantly low- and middle-income countries, i.e. an international sample of around 2.4 million...

Latent feelings of economic vulnerability and social stagnation may have catalyzed the unprecedented uprisings that shook Latin America and other parts of the world in 2018-2019. We document this process in the context of Chile, leveraging survey data on protest participation and its potential...

By capturing the adoption of digital services and applications as well as digital industry development, this paper constructs a comprehensive index to measure digitalization at the city level in the People's Republic of China (PRC) and investigates the impact of digitalization on income...

Past trauma resulting from personal life shocks, especially during periods of particular volatility, such as regime transition (or regime change), can give rise to significant long-lasting effects on people's health and well-being. We study this question by drawing on longitudinal and...

Knowledge of the factors driving people's views on redistribution in the Global South remains limited. While these societies occupy top positions in inequality rankings, redistribution levels tend to be lower. We combine survey and experimental data from Mozambique and Viet Nam to test whether...

Power law distributions are ubiquitous in socioeconomic contexts. While their general properties are well understood, it is often less clear why they regularly appear in empirical data. What are the generative mechanisms leading to power laws, how do they arise in the real world? This paper aims...

We document a significant effect of visible inequality on household spending in the United States from 2010 to 2018, but we do not find a comparable effect before the Great Recession. Our proposed definition of visible inequality refers to differences across households in their expenditures on...

We provide annual estimates of inequality in monthly per capita household earnings in India over the period 2017/18 to 2022/23 based on analysis of India's Periodic Labour Force Surveys. Over the six years, the estimate of inequality as measured by the Gini coefficient is in the range of 0.40 to...

This paper analyses the relationship between financial inclusion and the economic and social development in Mexico. For this quantitative research, a study sample composed by 448 observations during the 2007-2020 was analyzed using fixed effect estimations with instrumental variables 2SLS....

This paper examines the long-term relationship between economic growth and inequality in the UK using an endogenous growth model with heterogeneous agents. The model links entrepreneurial incentives to individual wealth, showing how wealth distribution endogenously influences growth. Estimation...

Past trauma resulting from personal life shocks, especially during periods of particular volatility such as regime transition (or regime change), can give rise to significant long-lasting effects on people's health and well-being. We study this question by drawing on longitudinal and...

This study offers the first analysis of environmental and climate inequalities at the census tract level in Italy, providing valuable insights into spatial patterns of environmental and social vulnerability. The results highlight significant environmental inequality related to exposure to air...

We study all theories of justice that disentangle ethical views on intergenerational discounting and intergenerational inequality. Each “modular” social welfare function is uniquely identified by a time-discounting function—capturing attitudes toward time—and an aggregator function—...