becomes part of the Phillips curve. This is the "misallocation channel of inequality". The cyclicality of inequality crucially …

product and labor markets. The paper finds suggestive evidence of capital misallocation based on gender, particularly in … gender-inclusive policies to enhance firm growth and reduce capital misallocation. …

We argue that capital misallocation arises endogenously due to incomplete consumption insurance. We model risk … that capital misallocation is greater in locations and industries with higher output shock volatility, consistent with our …

fewer distortions than larger, more productive ones, potentially leading to substantial misallocation. We show that in …. Nonetheless, the informal sector can exacerbate the adverse real income effects of economic downturns, amplifying misallocation …

This study examines the impact of China's special economic zones (SEZs) on land misallocation, primarily using city …-level data for China from 2003 to 2018. The findings indicate that establishing SEZs exacerbates land misallocation by over …. Thus, the bundling of SEZs and government intervention is an essential cause of land misallocation. Furthermore, the …

becomes part of the Phillips curve. This is the "misallocation channel of inequality". The cyclicality of inequality crucially …