Category: Inequality
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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?
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.
The distributional effects of monetary policy
Interesting empirical evidence from Denmark. Who among the wealthy gains from expansionary monetary policy?
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, 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.