Higher interest rates reduce the top one per cent’s share of the national income

El Herradi, M. & Leroy, A. (3 October 2020) Higher interest rates reduce the top one per cent’s share of the national income. USApp – American Politics and Policy Blog.
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But income inequality increases, because high-salary workers immediately below the 1% gain, while people at the bottom lose, write Mehdi El Herradi and Aurélien Leroy.

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