Galor, Oded; Klemp, Marc P. B.; Wainstock, Daniel C. - National Bureau of Economic Research - 2023
Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning … differentials reflect variations in productive traits, a significant component of the differences in income inequality across …-of-Africa Migration. The roots of income inequality within the US population provide supporting evidence for the hypothesis. It suggests …