report May 26, 2021 Semiconductor Chips Become a member to read the rest of this article Username or E-mail Password Remember Me Forgot Password... By James Cameron, Preston Llewellyn Llewellyn Consulting
report May 26, 2021 Income inequality, financial intermediation, and small firms This paper shows that rising income inequality reduces job creation at small firms. High-income households save relatively less in the form of bank deposits while small firms depend on banks. We argue that a higher share of income accruing to top earners therefore erodes banks' deposit base and their lending capacity for small businesses, thus reducing job creation.... Bank of International Settlements