inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth …, which provides an integrated framework for analysing the local determinants of inequality and growth. Five main conclusions … emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of …

This paper studies the effects of progressive income taxes and education finance in a dynamic heterogeneous agent … theoretically and quantitatively, in a model that yields complete analytical solutions. Progressive education finance always leads …

This paper examines how economic stratification affects inequality and growth over time. It studies economies where … particular when comparing local and national funding of education, which correspond to special cases of segregation and …

economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight … poverty and inequality. …

inequality across countries. We find that if inequality across countries is low, the extensive margin of trade between countries …

This paper provides an overview of the modern perspective on the relationship between inequality and economic …

of the Thatcher reforms. The estimated impact turns out to be sensitive to the degree of `inequality aversion' of the …

This paper analyses the impact of inequality on growth when technical progress is driven by innovations. It is assumed … that consumers have hierarchic preferences. As a result inequality affects demand and therefore the incentive to innovate …. Whether more inequality is harmful or beneficial for growth depends on the initial distribution. Complementarities between a …

curve in many Western economies during this period, with the fall in inequality following redistribution due to …

’ rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …, however, but inequality in the relative distribution of earning and political power. For each of the three channels of …-country differences in inequality permanent, or gradually narrowing? Equivalently, is there convergence not just in the first moment of …