Varieties of capitalism and income inequality
Abstract Why do countries diverge significantly in the levels of income inequality across the Global North? Most scholars believe that the answer lies in the ways that economic resources are organized through institutions. Drawing on a country-level, longitudinal dataset from 1985 to 2016 matched with three other data sources, the author explains how and to what extent institutions matter for income inequality across the “varieties of capitalism.” To sort countries based on their institutional similarities, […]