Inequality and financial sector vulnerabilities
Anni T. Isojärvi and
Sam Jerow
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Anni T. Isojärvi: https://www.federalreserve.gov/econres/anni-t-isojaervi.htm
No 2024-04-19-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
In recent decades, income and wealth inequality have risen notably in the United States and other countries around the world. Importantly, such rises in inequality have been shown to predict financial crises.
Date: 2024-04-19
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2024-04-19-2
DOI: 10.17016/2380-7172.3482
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