Costantini, Orsola - In: Financial markets in perspective : lessons from …, (pp. 177-190). 2022
This chapter looks at US household sector micro data since 1989, to explore the relation between income inequality and … financial fragility from a macro perspective. In contrast with a portfolio (and wealth inequality) approach to household … highlight how alternate and specular movements in household net borrowing and public net spending subsidized the US economy but …