This paper reviews recent research on the relationship between central bank policies and
inequality. A new paradigm which integrates sticky‐prices, incomplete markets, and …

In this paper, we put into perspective the recent literature which points to inequality as a
possible cause of credit bubbles, by reintegrating it into a more general analysis on the two …

Why are house prices in many advanced economies rising faster than incomes? Why isn't
land and location taught or seen as important in modern economics? What is the …

This paper introduces a new database of financial crises, providing an important insight into
the causes, duration, and consequences of different types of financial crises. Besides …

The study examines empirical relationships between income inequality and three features of
finance: depth (financial sector size relative to the economy), inclusion (access to and use of …

The objective of this paper is to identify the determinants of the increase in income inequality
that OECD countries have experienced over the past two decades. My hypothesis is that …

The paper examines empirically whether financial development shapes the relationship
between inflation and income inequality. This is motivated by the observations that while …

This paper analyzes the performative impact of the European Commission's model for
estimating 'potential output', which is used as a yardstick for measuring the 'structural budget …

According to a social rank hypothesis, consumers who live in regions with higher income
inequality will show greater interest in, and attention toward, positional goods and high …

We propose to analyze the relationship between inequality and economic development by
means of an Agent Based-Stock Flow Consistent model where workers have been …