entire distribution of after-tax (disposable) income moved to the right while inequality declined. In contrast, Germany and … Japan experienced less growth, a rise in inequality, and a decline in the middle mass of their distributions, that spread … mostly to the right, much like in the United States over its 1980s business cycle. Inequality fell within the older …

-tax (disposable) income moved to the right in the United States and Great Britain while inequality declined. In contrast, Germany and … Japan experienced less growth, a rise in inequality and a decline in the middle mass of their distributions that spread … mostly to the right, much like the United States over its 1980s business cycle. Inequality fell within the older population …