Assistant Professor in Economics @UCL | Director @cnetucl | Affiliated @stone_lis & @LSEInequalities & @StoneEcon_UCL
Aug 11, 2021 • 5 tweets • 3 min read
@AIHammer@BrankoMilan Thanks for the interest, Alex. Three main messages: 1) at the quasi-global scale, countries with high levels of compositional inequality (i.e. income-rich earn from capital and income-poor from labor) tend to display high levels of income inequality
@AIHammer@BrankoMilan 2) three main clusters emerge: LAC are “class-based” society with high level of income inequality, western countries display moderate levels of both inequality dimensions and Nordic countries are exceptional as they are class-based with very low income inequality
Oct 16, 2020 • 6 tweets • 2 min read
*Capitalist Systems and Income Inequality*, new WP with @BrankoMilan is out!
Does classical capitalism, where rich individuals earn only from ownership (capital) and poor only from work (labor), display higher income inequality than liberal capitalism?