A new paper in The Review of Economic Studies, published by Oxford University Press, introduces a novel measure of inequality. Under this new measure the United States is rated one of the most unequal ...

Inequality among people has become an increasingly salient issue globally, with data indicating a rise in inequality levels across many countries in recent years. This, in turn, has generated concerns ...

While the U.S. economy outperforms other rich countries, it doesn’t feel that way for many Americans. Forty-two percent of Americans don’t have an emergency savings fund, while 40% can’t afford a ...

Inequality has existed across nearly every economic system, from ancient empires to modern capitalism. Historical patterns ...

New research published in Social Psychological and Personality Science shows that awareness of economic disparity affects happiness, meaning, harmony and spiritual well-being. A comprehensive new ...

A country’s gross domestic product (GDP), which measures total economic output, is central to how governments assess their economies. But this figure, when looked at in isolation, which is most often ...

SINGAPORE, Feb 10 — In a landmark report, Singapore’s Ministry of Finance (MOF) has unveiled the nation’s first official measure of wealth inequality, revealing a more pronounced disparity in wealth ...