Unequal = Indebted

Michael Kumhof and Romain Ranciere

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: In current research we therefore extend the work reported in "Leveraging Inequality" (F&D, December 2010), which dealt with only the United States, to include an open-economy dimension. We find (see Chart 1) that what unites the experiences of the main deficit countries is a steep increase in income inequality over recent decades, as measured by the share of income going to the richest 5 percent of the country's income distribution

Date: 2011-09
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Published in Finance & Development, 2011, pp.25-27

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Unequal = Indebted (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-00754519

Access Statistics for this paper

More papers in PSE-Ecole d'économie de Paris (Postprint) from HAL
Bibliographic data for series maintained by Caroline Bauer ().