Category: Inequality

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Inequality

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?

Inequality

Income inequality and macro variables

Inequality is not a distributional issue it is likely a central force shaping broader macro-economic trends.

Inequality

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?

Inequality

Inequality: a different perspective

Two new papers on inequality addressing why capital flows from equal to unequal  countries and whether wealth inequality is actually perceived as unfair.

Inequality

The distributional effects of monetary policy

Interesting empirical evidence from Denmark. Who among the wealthy gains from expansionary monetary policy?

Inequality

Working women: plus ça change…

Could the slowdown in recent business cycle recoveries be attributed to female employment? How social norms affect the marriage gap between skilled and unskilled women ?

Inequality

Inequality, mortgage rates and house prices

Interesting new research on how inequality decreases house prices, while expansionary monetary policy increases the mortgage rates paid by minority borrowers.

Inequality

Thoughts on inclusive prosperity

The perils of knowledge biased growth and a taxonomy of policies that can lead to inclusive prosperity.

Inequality

A tale of two labor markets

Where did female labor force participation fared worse and where better during the COVID crisis?

Inequality

Inequality and asset prices

Two new research papers on how changing asset prices increase inequality.

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