Category: Inequality
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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.
Thoughts on inclusive prosperity
The perils of knowledge biased growth and a taxonomy of policies that can lead to inclusive prosperity.
A tale of two labor markets
Where did female labor force participation fared worse and where better during the COVID crisis?
Inequality and asset prices
Two new research papers on how changing asset prices increase inequality.
Can we fix inequality?
A granular view of the link between capitalism and inequality (Milanovic,Ranaldi), as well as which policies are necessary to reduce it (Blanchard, Rodrik).