Category: Inequality
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Inequality and aggregate fluctuations
In a highly unequal economy social comparisons can lead to more risk taking or high precautionary savings depending on whether households engage in upward or downward comparisons.
On the global food shortage
The invasion of Ukraine has restricted exports of food and also triggered protectionist measures by other countries. Can a food crisis be avoided?
On the distributional effects of automation
New research on the channels through which automation affects inequality. Can fiscal policies reduce automation-induced inequality?
New trends in gender pay gaps
Can be big data and the related methodological improvements shed a new light on the gender wage gap? How sorting in marriage and labor markets affects inequality. Are women happier than men?
Trends in global poverty
Trends in global poverty are changing and global measurement of poverty reduction might be overstated.
On immigration and wages
Empirical evidence on how immigration affects wages is inconclusive. Or is it? Is there a bias in the research published in the top five journals? What is the effect of technology?
Reflections on inequality
On inequality through the lens of history. Economists worry about inequality but people worry about lack of opportunity – a new US survey.
Capital-skill complementarity: does it still hold?
As technology changes does skilled labor still enjoy a wage premium? What is the equilibrium level of automation?
Income inequality and macro variables
Inequality is not a distributional issue it is likely a central force shaping broader macro-economic trends.
Are we measuring poverty incorrectly?
New research on: how to better measure the degree of economic distress felt by everyday people; what does a better price dataset imply about inequality?