History is replete with overt discrimination on the basis of race, gender, age, citizenship, ethnicity, marital status … such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple rent-seeking model of conflict which is …

a panel data set for the US constructed from micro data, I find support for the hypothesis that within race inequality …

find that the tax–transfer scheme positively affects growth while simultaneously reducing wealth inequality in the economy …

The effect of a permanent change of inflation on the distribution of wealth is analyzed in a general equilibrium OLG … of inflation results in a lower stock market participation rate; in addition, the distribution of wealth becomes more …

How do sudden, large wealth losses affect mental health? Most prior studies of the causal effects of material well … market accumulations may not inform this question if the effect of wealth on health is asymmetric. We use exogenous variation … in the interview dates of the 2008 Health and Retirement Study to assess the impact of large wealth losses on mental …

consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for … wealth held in the form of housing (i.e., when stock and housing assets are substitutes), then they will temporarily reduce …

deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for …