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 …

systems of education finance and health insurance. With imperfect credit and insurance markets some redistributive policies … redistributions decreases with the degree of inequality, at least over some range. Moreover, capital market imperfections make future … high inequality and low redistribution, or vice versa. Temporary shocks to the distribution of income or the political …

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 …

skill premium and increasing inequality. We develop a measure for reshoring activity at the macro-level and, using data from …

the role of ability, technological progress increases wage inequality within each group of education as well as between … education groups. Inasmuch as education is an irreversible investment, the rise in within group inequality boosts up the rise of … between group inequality. Guided by this theory we turn to the PSID for evidence. Using parents' education to approximate …

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 …