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Publications (6)
Journal Article
– Examples from rational choice theory and behavioural economics
Using illustrations from research on inequality, this essay makes a case for ‘behavioural synthesis’, that is the reconciliation between neo-classical and behavioural economics. Focusing on selected theories of absolute and relative inequality, we first give a brief critique of utilitarian models...
Research on how income inequality affects borrowing behaviour reignited after the 2008 global recession. One prevailing theory is that rising income inequality in the US and other high-income economies eroded real household incomes and prompted more and more borrowing. This growing debt culminated...
Many countries today experience increasing or persistent income inequality, a major concern for citizens and politicians alike. This concern is justified; as some individuals get richer, most people’s real incomes stagnate. Widening income inequality brings challenges to a nation’s development...
Blog
Early in October 2022, international and Colombian researchers gathered together for three days at the UNIANDES campus, located at the foot of the impressive Monserrate in Bogotá, Colombia. They were there to discuss their latest advances in inequality research. This was the second WIDER Development...
Blog
For several decades, UNU-WIDER has actively worked on pathfinding and groundbreaking research on inequalities. We host one of the most extensive collections of income inequality statistics in the world freely available and updated annually. I have written previously about how the institute was...
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
Inequality is a major international development challenge. This is so from an ethical perspective and because greater inequality is perceived to be detrimental to key socioeconomic and political outcomes. Still, informed debate requires clear evidence. This article contributes by taking stock and...
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