Kalliovirta, Leena; Malinen, Tuomas - Society for the Study of Economic Inequality - ECINEQ - 2015
the dynamics of income inequality in developed economies within the last 100 years. Our results indicate that the process … of income inequality consists of two equilibriums identifiable by high inequality, high income fluctuations and low … inequality, low income fluctuations. Our results also show that income inequality in the U.S. is the driver of income inequality …