Through parametric accelerated failure-time survival analysis on a panel of 117 countries for 1970–2018, the study finds robust and generalizable empirical evidence that TTUII (Total Time to Upsurge in Income Inequality) declines after a country allows capital flow across borders. This arguably occurs via the channel of wage inequality, and one or more channels of patrimonial capitalism, labor replacement with capital and market concentration which are transmitted through foreign direct investment. This occurs with a nonmonotonic, unimodal hazard rate of income inequality upsurge which keeps rising for around first three decades of financial globalization exposure before starting to taper off. This implies the need for utilizing FDI as a source of distributional spending targeted towards the low-skilled part of the labor force and the structurally unemployed for the first three decades of an exposure to financial globalization, as well as implementing robust antitrust laws before opening capital markets to the world.

通过对117个国家/地区进行的1970-2018年参数加速失败时间生存分析，该研究发现有力且可推广的经验证据表明，在一个国家允许资本跨境流动之后，TTUII（收入不平等增长的总时间）下降了。可以说，这是通过工资不平等的渠道，以及通过外国直接投资传播的一个或多个世袭制资本主义，资本替代劳动和市场集中化渠道发生的。这种情况发生在收入不平等现象激增的非单调，单峰危害率上，在开始逐渐减弱之前的大约三十年的金融全球化风险中，这种危害率一直在上升。