The paper uses a combination of micro-level datasets to document the rise of income polarization—what some have referred to as the “hollowing out” of the

The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the glob

Prominent economists reconsider the fundamentals of economic policy for a post-crisis world. In 2011, the International Monetary Fund invited prominent economis

The “Gulf Falcons”—the countries of the Gulf Cooperation Council—have high living standards as a result of large income flows from oil. The decline of o

Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this que