Data on occupational choice among return migrants in Tunisia reveal that higher inequality of wealth reduces the level of new business activity. The effect is not large, however. Even dramatic redistributions of wealth would not provide much stimulus to entrepreneurship

In theory it is possible that a vulnerable household will never recover from a sufficiently large but short-lived shock to its income, which could explain the persistent poverty that has emerged in many transition economies. But this study for Hungary shows that, in general, households bounce...

Attitudes toward redistribution of wealth in Russia tend to reflect expectations of future mobility, in both directions. Few Russians expected rising living standards in the 1990s, and most expected a decline in living standards, so there was strong demand for redistribution, even among those...