The connection between globalization and income inequality has ignited populist furor around the world, as attested by the Brexit vote in the United Kingdom and the election of Donald Trump as US president. In this rigorous report, economists Florian Dorn, Clemens Fuest and Niklas Potrafke present their findings on how globalization works within countries to affect incomes. Their paper adds new knowledge to the growing body of economic inquiry into this important topic. getAbstract suggests this probing and technical analysis to professionals and policy experts.
In this summary, you will learn
- How globalization affects income inequality and
- What factors characterize the links between the two.
About the Authors
Florian Dorn, Clemens Fuest and Niklas Potrafke are economists at the ifo Institute at the University of Munich.