Related Books

Inequality, Leverage and Crises
Language: en
Pages: 39
Authors: Mr.Michael Kumhof
Categories: Business & Economics
Type: BOOK - Published: 2010-11-01 - Publisher: International Monetary Fund

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The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 bot
Inequality, Leverage and Crises
Language: en
Pages: 48
Authors: Mr.Michael Kumhof
Categories: Business & Economics
Type: BOOK - Published: 2013-12-17 - Publisher: International Monetary Fund

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The paper studies how high household leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 198
Financial Crises Explanations, Types, and Implications
Language: en
Pages: 66
Authors: Mr.Stijn Claessens
Categories: Business & Economics
Type: BOOK - Published: 2013-01-30 - Publisher: International Monetary Fund

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This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma
Causes and Consequences of Income Inequality
Language: en
Pages: 39
Authors: Ms.Era Dabla-Norris
Categories: Business & Economics
Type: BOOK - Published: 2015-06-15 - Publisher: International Monetary Fund

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This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely among
Redistribution, Inequality, and Growth
Language: en
Pages: 30
Authors: Mr.Jonathan David Ostry
Categories: Business & Economics
Type: BOOK - Published: 2014-02-17 - Publisher: International Monetary Fund

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The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is