This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … between globalization and income inequality differs across different groups of countries. There is a robust positive … relationship between globalization and inequality in the transition countries including China and most countries of Middle and …

We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the … trade openness on income inequality differs across countries. Trade openness tends to disproportionately benefit the … economies, trade openness increased income inequality, an effect that is driven by outliers. Our results suggest a strong effect …

development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many highproductive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …

This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …

In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …

appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …

metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social … cost of carbon, but mostly neglects a major source of inequality - heterogeneity in income below the national level. We … inequality between and within countries. In particular, we demonstrate that climate and distributional policy cannot be separated …

While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …