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 …

A recent literature argues that persistent heterogeneity in wealth returns ("type dependence") as well as a positive … (which we interpret as the endowment of cognitive and non-cognitive skills of an individual) drives persistent heterogeneity … of the wealth distribution as well as the level and rise of consumption inequality over the life cycle …

Recent work on wealth inequality based on the capitalization method wherein aggregate wealth totals are distributed in …

inequality, and the racial wealth gap. The results show that inflation boosted the real income of the middle wealth quintile by a … income. Inflation also boosted mean and especially median real wealth growth, reduced wealth inequality, and lowered the …

share of Smith et al. (2022) is close to the one found in Saez and Zucman (2020) and estimates of US wealth inequality are …

Business cycle models often abstract from persistent household heterogeneity, despite its potentially significant … add persistent heterogeneity in cognitive skills and overconfidence to an otherwise standard HANK model. Overconfidence …

significantly more cross-sectional heterogeneity. Neither is easily explained by socioeconomic or financial characteristics alone …