returns, both of which contribute to wealth inequality. Counterfactual policy exercises indicate that two ways to lower costs …

Top income inequality in the United States has increased considerably within occupations. This phenomenon has led to a … search for a common explanation. We instead develop a theory where increases in income inequality originating within a few … provides non-divisible services to consumers, with physicians our prime example. Examining local income inequality across U …

Heathcote et al. (2010) conducted an empirical analysis of several dimensions of inequality in the United States over …, the gender wage gap has kept shrinking. Both individual- and household-level income inequality have continued to rise at … the top, while the cyclical component of inequality dominates dynamics below the median. Inequality in consumption …

We explore the evolution of income inequality and mobility in the U.S. for a large number of subnational groups defined … find that income inequality and income growth patterns identified from administrative tax records differ in important ways … illustrate IDDA's relevance for understanding income inequality trends. First, we extend Bayer and Charles (2018) beyond earnings …