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The Evidence on Globalization and Inequality
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Globalization and innovation forces have helped increase returns for superstar entrepreneurs and corporations by boosting demand for their services. Over the last two decades, these forces have also increased inequality in high income countries. Professor Slaughter has been studying these trends and will look at the phenomenon of real income declines over the past two decades. His future research will explore the globalization experience of the United States and other developed and developing countries.