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Dec 10, 2021 · The report explores various options - mainly rooted in taxation policies - to tackle income & wealth inequality. The examples offer lessons from across the globe and throughout recent history, they explain, and conclude that "inequality is always political choice and learning from policies implemented in other countries or at other points of time is critical to design fairer development pathways."
Sep 14, 2020 · A 2014 report from the OECD estimated that rising income inequality knocked as much 9 points off U.S. GDP growth over the previous two decades—a deficit that has surely grown over the past six ...
- Nick Hanauer
Nov 30, 2023 · But in a scholarly battle over inequality, the stakes are rather higher. Research by a trio of French economists—Thomas Piketty, Emmanuel Saez and Gabriel Zucman—has popularised the notion ...
The sharp rise in Wall Street bonuses has also contributed to race and gender inequality, as detailed in our facts sections on those issues. Racial Income Inequality In 2021, Fortune 500 CEOs, who earned $18.3 million on average, included just four Black and 17 Latino people — just 4 percent of the total.
Oct 13, 2023 · Prior to Covid-19, income inequality had been shrinking in Canada, averaging 45.1% from 2010 to 2019 in part because of childcare benefits introduced in 2016. During the pandemic, though, the gap grew, reaching a record high of 47% in 2022.
- Kristen Parisi
Aug 29, 2022 · More specifically, where inequality is driven by the difference between low-income and medium-to-high-income earners, we find a lower share of bachelor’s degrees in the population, whereas areas where inequality is driven by the difference between super-high-earners and the rest of the population are associated with a greater share of bachelor’s degrees.
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Does income inequality affect resilience to economic shrinking?
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Can a broader view of inequality help reduce income inequality?
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Does inequality make a country more resilient to shrinking?
In this way, income inequality could be driven by capital accumulation, suggesting that income inequality is more related to growth dynamics instead of building resilience to economic shrinking. When taken altogether, these results are suggestive that more equal countries, in terms of income distribution, shrink less often than their more unequal counterparts.
