If one ranks cities by population, the rank of a city is inversely related to its size, a well-documented phenomenon …

This paper develops a procedure to rank-order countries and commodities using disaggregated US imports data. It finds …

are prone to cultural inertia; that is they are reluctant to adopt a different culture in response to a change in the … environment. Cultural uniformity can be beneficial because the associated inertia protects and therefore encourages culture …

parameters that generate the optimal amount of inertia in a Markov-perfect equilibrium. I study the optimal design of some policy …

inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … procedure to check if one matrix dominates another on dynastic inequality. We can also assess “equality of opportunity”, defined …One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on …

or societal laws benefiting religious citizens. Rising income inequality can, however, lead some of the rich to form a …

We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout …

strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …

This paper examines whether the expansion of higher education has reduced inequality by providing more opportunities … Maximally Maintained Inequality theory and Relative Risk Aversion theory, I use logistic regressions to analyse data collected …