The AI premium
Artificial intelligence is already reshaping the economy and society. This column analyses how AI affects firms, markets, and workers using 380 trillion tokens of realised
Dividend tax reforms: Why design shapes revenue and measured inequality
Governments increasingly look to capital income for both revenue and redistribution. This column compares two dividend tax reforms in Israel – a permanent rate increase
Shared prosperity constitutes both income growth and inequality reduction
The vision of the World Bank is to end extreme poverty and boost shared prosperity on a livable planet. The number of people who live in extreme poverty — i.e.,
Private capital markets and inequality
Private capital markets have expanded rapidly, but access remains concentrated among wealthy investors. This column presents new evidence from the US which shows that high-net-worth
Beyond borders, within societies: Inequality and the global transmission of US monetary policy
Understanding how US monetary policy is transmitted to foreign economies has long been a challenge for policymakers and researchers. This column shows that the domestic
Challenging inequalities: How we got stuck and where we go next
In many advanced economies, including the UK, progress towards a fairer society appears to have stalled. Deep structural forces – including weak earnings growth, rising
The work-from-home wage premium
Studies have found that workers typically value the option to work from home and are willing to accept sizable wage cuts in exchange for it,
Ruling for the rich: Evidence of a pro-wealthy bias on the US Supreme Court
There have long been concerns that US Supreme Court decisions increasingly favour economic elites. This column analyses 1,782 cases from 1953 to 2022 to examine
A vignette study of work from home and attitudes to household work
Work from home has boomed since the Covid pandemic. This column uses a vignette experiment to explore how working from home links to gendered attitudes
From the China Shock to the global relocation of production: Inequality consequences
Globalisation has raised living standards worldwide but has also fuelled concerns that international competition is eroding middle-class incomes and widening inequality within countries. The column
