Over the past couple of years, the OECD has highlighted the rapidly widening income dispersion in OECD countries (see e.g. OECD 2008, OECD 2014). The recent publication of Thomas Piketty’s Capital in the 21st Century, gave new impetus to this debate.
Why does inequality grow? Can we do something about it?
Coen Teulings, 15 June 2014
Global income distribution: From the fall of the Berlin Wall to the Great Recession
Christoph Lakner , Branko Milanovic, 27 May 2014
The period between the fall of the Berlin Wall and the Great Recession saw probably the most profound reshuffle of individual incomes on the global scale since the Industrial Revolution.
Taxing, spending, and inequality – what is to be done?
Benedict Clements, David Coady, Ruud de Mooij, Sanjeev Gupta, 15 April 2014
The causes and consequences of rising inequality have attracted considerable attention, including the recent study by Thomas Piketty (2014). This has also touched off a lively debate on the appropriate policy response to rising disparities in income and wealth (Mankiw 2013, Berg, Ostry, and Tsangarides 2014).
Who let the Gini out? Searching for sources of inequality
Davide Furceri, Prakash Loungani, 13 February 2014
Last month’s World Economic Forum at Davos will be remembered as the one where the rich realised that incomes were unequal. One suspects the rich had always been dimly aware of this fact, but even they seem to have been astounded by the degree of inequality.
Rising wealth-to-income ratios, inequality, and growth
Thomas Piketty, Gabriel Zucman, 26 September 2013
Reducing inequality is one of the defining challenges of our time. In recent decades much of the discussion has centered on the need to invest in education (Goldin and Katz 2010). Fostering access to education is a powerful way to reduce the dispersion of wages in the long run, but it is not enough.
The trend reversal in income inequality and returns to education: How bad is this good news for Latin America?
Augusto de la Torre, Julián Messina, 7 March 2013
Latin America witnessed unprecedented economic and social achievements during the last decade. In particular, the year 2003 appears as an important inflexion point for the region’s economic history, a point that we have highlighted in several World Bank publications1.
Income inequality, tax base, and sovereign spreads
Joshua Aizenman, Yothin Jinjarak, 30 June 2012
The growing public debt in many nations has brought fiscal rebalancing to the top of policy agendas. This means raising taxes, or cutting expenditure. Recent US experience in the US and other nations suggest the presence of structural factors accounting for resistance to tax reforms.
One obstacle to tax changes may be polarised distribution of incomes.
Optimal taxation of top labor incomes: A tale of three elasticities
Emmanuel Saez, Stefanie Stantcheva, Thomas Piketty, 5 December 2011
Vox readers can download CEPR Discussion Paper 8675 for free here.
Inequality, Development, and the Stability of Democracy—Lipset and Three Critical Junctures in German History
Uwe Sunde, Florian Jung, 30 May 2011
Regional development policies: Place-based or people-centred?
Indermit Gill, 9 October 2010
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014
CEPR Policy Research
- The buyer margins of firms' exportsCarballo, Ottaviano, Volpe
- Commodity and Equity Markets: Some Stylized Facts from a Copula ApproachDelatte, Lopez
- Ethnic Unemployment Rates and Frictional MarketsGobillon, Rupert, Wasmer
- Finance and Poverty: Evidence from IndiaAyyagari, Beck, Hoseini
- The Manipulation of Basel Risk-WeightsMariathasan, Merrouche
- The economics of Scottish independence in an interdependent worldHughes Hallett
- Making city lights shine brighterYusuf, Leipziger
- The euro in the 'currency war'Bénassy-Quéré, Martin
- The roots of shadow bankingPerotti
- What’s wrong with Europe?Baldini, Manasse
- Corporate Finance Theory Symposium19 - 20 September 2014 / Cambridge / Judge Business School, Cambridge University
- International Trade, Finance, and Macroeconomics: Research Frontiers and Challenges for Policy18 - 19 December 2014 / The Bank of England, London / The Bank of England, Centre for Macroeconomics and CEPR