Income inequality and financialization: a not so straightforward relationship

What is it about?

Rising income inequality is inextricably linked to rising volatility and uncertainty in advanced economies. The Great Recession, as well as a growing body of research, has shown that financialization has increased inequality. Nonetheless, our results suggest that the relationship is not so straightforward and merits further research on the actors and processes at play. Certainly, there is a strong link between financialization and inequality, Yet, the strength of the relationship depends on the measures used for financialization and inequality.

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