Mattias Vermeiren - Crisis and Inequality

2 Chapter 2 Figure 2.1Index of capital mobility and percentage of countries in a banking crisis, 1800... Figure 2.2Fordist wage-led growth cycle (adapted from Baccaro 2020) Figure 2.3Unemployment and productivity growth in the United States, 1914–2015 Figure 2.4Average replacement rates for pensions and unemployment and sickness benefits, 1... Figure 2.5Statutory corporate income tax rate in selected OECD countries, 2000–20

3 Chapter 3 Figure 3.1Ownership structure of government debt in twelve OECD countries, 1900–201... Figure 3.2Unemployment and inflation rates in advanced economies, 1960–2015 Figure 3.3Public debt in selected regions and countries (in percentage of GDP), 1950... Figure 3.4Net government debt interest payments (in percentage of GDP), 1960–2019 Figure 3.5Negative demand shock in a sovereign bond market Figure 3.6Long-term nominal interest rates, 1960–2019 Figure 3.7Capital share of GDP, 1970–2012

4 Chapter 4 Figure 4.1Hourly compensation costs (in US dollars): manufacturing sector, 2016 Figure 4.2Average per hour worked(in current purchasing power parity (PPP) dollars), 2000... Figure 4.3Change in employment shares of low-, middle- and high-skill jobs (in percentage ... Figure 4.4Union density and income equality in selected OECD countries, 1980–2010 Figure 4.5Bargaining coverage in percentage of employees, 1980 and 2016 Figure 4.6Trade union density in percentage of total labour force, 1980 and 2016 Figure 4.7Fall in labour share in total economy and manufacturing in the CMEs (in percenta

5 Chapter 5 Figure 5.1Profit distribution in Apple iPhone’s global value chain Figure 5.2Employment protection and stock market capitalization Figure 5.3Widening productivity gap between global frontier firms and other firms, 2001... Figure 5.4Stock market capitalization of publicly listed firms (in percentage of GDP), 197...

6 Chapter 6 Figure 6.1Balance sheet of a traditional bank: an illustration Figure 6.2Share of net interest income in bank profits, 1980–2009 Figure 6.3Bank assets (in percentage of GDP), 1990 and 2007 Figure 6.4Balance sheet of a market-based bank: an illustration Figure 6.5Total MEWs in the US economy (in billion US dollars), 1991–2006 Figure 6.6Net private real wealth per adult in advanced countries, 1870–2014 Figure 6.7Increase in household debt and house prices in selected countries (in percentage...

7 Chapter 7 Figure 7.1Global current account imbalances (in billion US dollars), 1997–2019 Figure 7.2Current account balance (in percentage of GDP), 1990–2019 Figure 7.3Current account balance of Eurozone countries (in percentage of GDP), 2007 Figure 7.4Share of value added of FIRE sector in GDP, 1995–2018 Figure 7.5Evolution in economy-wide nominal ULC (1995 = 100), 1995–2019 Figure 7.6Current account balance of selected EMU countries (in billion US dollars), 1997... Figure 7.7Cross-country falls in consumption and pre-crisis debt levels Figure 7.8Distribution of net housing wealth in the United States, 2000–19 Figure 7.9Distribution of financial wealth in the United States, 2009 and 2019 Figure 7.10Interest rates on ten-year sovereign bonds of selected Eurozone countries, 1995... Figure 7.11Core inflation rates in the Eurozone, January 2007–December 2019 Figure 7.12Five-year moving average of GDP growth in the United States, Eurozone and United...

8 Chapter 8 Figure 8.1Top 1 per cent vs bottom 50 per cent national income shares: United States vs We... Figure 8.2Labour income share: CMEs, MMEs vs LMEs, 1970–2012 Figure 8.3Mean vote share of right-wing and left-wing populist parties, 1980–2020 Figure 8.4Greenhouse gas emissions (in gigatonnes), 1960–2018 Figure 8.5Fiscal support measures during the coronavirus crisis (in percentage of GDP), mi...

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