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The study titled "Wealth Inequality, Asset Price Bubbles and Financial Crises" by Edison Jakurti examines the relationship between wealth inequality and financial market stability, thereby highlighting a new and innovative research direction.

The working paper published in the World Inequality Lab highlights how wealth inequality structurally affects the stability of the financial system, thereby increasing the likelihood of crisis events through the formation of asset price bubbles. Read the full World Inequality Lab Working Paper here.