We continue our discussion on wealth inequality, a heavily featured topic in the US Presidential run. Harvard’s Taehoon Kim finds that the role of the US as the “banker of the world” contributes to wealth concentration there. The IMF came out with a handy map to use when targeting regional inequality with fiscal policy.

The World’s Banker: On the Rise in U.S. Wealth Inequality (Harvard University) Harvard researchers have developed an equilibrium model to show that global financial integration contributes significantly to income inequalities and the current economic environment in the US exemplifies that. [Bearish global banks]

A Map of Inequality in Countries (IMF Blog) Regional income inequalities in developed economies are increasing over time and have created mobility issues. IMF researchers urge governments to introduce geographically-targeted policies to address this problem.