Income distribution shapes the contours of economic expansion by influencing aggregate demand, savings behaviour and investment incentives. A more equal distribution tends to bolster consumption, ...

Income inequality is one of the most important measures to indicate socioeconomic welfare and quality of life, and has implications for the environment. Yet, especially at the subnational level, ...

COVID-19 WAS never going to be good for the poor. At first, however, the disease was not associated with rising inequality. Richer economies tended to suffer larger declines in GDP per person than ...

Changes in overall economic conditions may affect real household income levels and also how income is distributed across households. Analysis using annual data from 1967 to 2023 shows that the adverse ...

This paper was presented at the First Conference of the Americas, held by the Organization of American States in Washington on 6 March 1998. Great social inequality has long been a frustrating feature ...

Editor's note: The Institute for Business in Global Society (BiGS) invited economist Anton Korinek to speak about the impact of artificial intelligence on the economy during our AI in Society seminar ...

An individual's position in the income hierarchy is a stronger predictor of well-being than either how much they earn or how large the income gap is between them and others, finds new research from ...

If we’re not careful, we could see widening gaps within countries and between them. Prominent AI researchers expect the arrival of artificial general intelligence anywhere between “the next couple of ...