The debate about the Belt and Road Initiative (BRI) in the west seems to have reached an
impasse in the absence of any model-based scientific analysis. In order to assess the impact …

This paper explores whether unconventional monetary policy operations have redistributive
effects on household wealth. Drawing on household balance sheet data from the Wealth …

The paper examines economic reforms that various countries (the USA, the UK, Germany,
France and Japan) were implementing over the past 100 years in order to overcome global …

The steep rise of top wages is acknowledged as one of the main drivers of the rise in
earnings inequality between workers in most postindustrial labor markets. Yet its relation to …

We present two Gini-like inequality indices that provide a more nuanced picture of how the
profile of inequality has changed across European countries since 2005. We use these …

We examine the relationship between changes in a country's public sector fiscal position on
inequality at the top and bottom of the income distribution during the age of austerity from …

Declines in low‐skill labour shares are reviewed, and a stylised model is constructed to
examine their determinants and future implications. A retrospective analysis of US shocks …

In this paper, we present new findings that validate earlier literature on the apparent
segmentation of the US earnings distribution. Previous contributions posited that the …

The dependence of real income and inequality on changes in factor abundance, total factor
productivity, factor bias, the relative cost of capital goods and the progressivity of the tax …

US incomes follow a two class pattern--an insight originally shown by physicists in the
econophysics literature. The upper class fits a power-law, or Pareto distribution, while the …