HomeNewsOpinionDecoding Economics: US Fed paper says inequality increases financial vulnerability

Decoding Economics: US Fed paper says inequality increases financial vulnerability

Manas Chakravarty • May 08, 2024 / 08:34 IST

The researchers find that a 1 percent increase in the top 1 percent wealth share predicts a 1.038 percent increase in equity valuations Manas Chakravarty

The Fed researchers are not the first to point to inequalities resulting in the building up of financial sector vulnerabilities

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