main patterns of inequality, between and within the social groupings. We find that the effects of peer pressure on within …-group inequality differ between groups. We also find that wealth and consumption inequality increase within groups who aspire to match … social targets from a higher class, despite a reduction in within-group inequality in hours and earnings. …

financial literacy and business ownership for the increase in wealth inequality between college and non-college households. …

This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and …

in wealth and health, implying persistent increases in wealth inequality that are characterised by increases in wealth … and/or with lower wealth. These changes lead to inequality in exposure to post-pandemic income risk and, in particular, an … incentivising investment in health for those with low wealth and health, it reduces health inequality and, in the short run, the …

inequality deviated substantially. Differences in the composition of household portfolios along the wealth distribution explain … counterbalancing effect and triggered the largest spike in wealth inequality in postwar history. Our findings highlight the importance …

for all households, and an increase in wealth inequality. Nevertheless, welfare losses are bigger for households with …