But while recent decades have seen greater inequality among younger cohorts, older cohorts have tended to have a more equal distribution of income (Bell et al., Inequalities in many cases are reinforced by welfare regimes, which tend to favour older generations (Chauvel, 2008). This trend is likely to be exacerbated as globalisation continues to expand, putting greater downward pressure on wages for those at the bottom of the income-distribution ladder, while wages for those at the top would appear likely to continue to rise.