How household debt influences inequality

Wood, James (2020) How household debt influences inequality [['eprint_typename_blog_post' not defined]]

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James Wood writes that private debt contributes to increasing inequality, as highly indebted households provide a revenue stream to the financial sector, where profits are distributed to financial employees, managers, and executives, as well as to the most affluent households which hold the concentrated ownership of financial assets.

Item Type	['eprint_typename_blog_post' not defined]
Copyright holders	© 2020 The Author
Departments	LSE
Date Deposited	30 Mar 2020 13:30
URI	https://researchonline.lse.ac.uk/id/eprint/103882