Inflation and Unemployment Worsen Income Inequality in High-Income Countries
The study looked at why income inequality happens in rich countries. They checked how things like economic growth, inflation, unemployment, globalization, technology, and public money affect income distribution. They used data from 2008 to 2015 and found that inflation, economic growth, unemployment, and public money make income inequality worse in rich countries. But economic globalization helps make income distribution better. The global crisis in 2008 also made income inequality worse in these countries.