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The paper analyzes the relation between growth and income inequality in the US during the post-war years (1953–2008). We show that the income of the top income groups is more sensitive to growth, defined broadly as current growth and changes in expectations of future growth, compared to the...
Persistent link: https://www.econbiz.de/10014176082
This study shows that changes in sentiment inequality, defined as the consumer sentiment difference between high- and low-income groups, can predict the future performance of high-end compared with low-end product firms. Strategies that combine the use of sentiment inequality changes with firms'...
Persistent link: https://www.econbiz.de/10014355797
Persistent link: https://www.econbiz.de/10011577976
This paper highlights a new driver of inequality, that may become increasingly prominent over the years: the inequality between skilled workers graduating from elite universities and those from standard institutions. This paper emphasizes that heterogeneity in higher education is a key factor in...
Persistent link: https://www.econbiz.de/10015069725