Growing Wage Dispersion Increases Income Inequality

In the past five years, concerns about increasing income inequality have been at the center of economic policy debates. There is one area though that has remained relatively unexplored. This is the area that deals with the relationship between the labor share of income and personal income inequality. Income inequality refers to the personal distribution […]

Inequalities, National and Global

The publication of Thomas Piketty’s Capital in the Twenty-First Century brought attention to an issue that has been slowly seeping into public discourse. President Obama’s State of the Union address made it clear that we will not need to wait until the 2016 Presidential campaign to hear proposals to rectify the rise in inequality. But the data and trends of […]