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 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 …

importance of initial parental conditions (i.e. the driving force behind the persistence of inequality) enhances mobility and … inequality becomes more persistent. The reduction in the concentration of human capital in technologically-advanced sectors …

This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the …, inequality will then be associated with less, rather than more, redistributive taxation. Furthermore, if the poor are liquidity … constrained then the positive association between inequality and fiscal conservatism will increase the persistence in the dynamics …

This paper explores the implications of the ongoing reorganization of firms for inequality in the labour market. We …, creating demands for new combinations of skills, and thereby leading to new patterns of wage inequality. Specifically, our …

steady states arise because rents to human capital are self perpetuating. Inequality in abilities may be good for growth … because it allows inframarginal workers to earn rents on their human capital, which then increase savings. Public education is …