People whose family income was less than $5,000 in 1980 could expect to live about 25 percent fewer years than people … whose family income was greater than $50,000. We explore this finding using both individual data and a panel of aggregate … birth cohorts observed from 1975 to 1995. We assume that health status is determined by social status, defined as income …

In a rare example of an explicit national goal for income distribution besides reducing poverty, China's leadership has … recently committed to expanding the middle-income share--moving to a less polarized "olive-shaped" distribution. Recognizing … the potential trade-offs, the paper asks whether China's experience indicates that income-polarization was a by-product of …

distortions in the supply of mortgage credit, evidenced by a decoupling of credit flow from income growth, may have caused the … originations was shared across the whole distribution of borrowers, and that middle- and high-income borrowers made up the majority … of originations even at the peak of the boom. Compared to prior years, middle- and high-income borrowers (not the poor …

We document that nearly half of the global decline in agricultural employment during the 20th-century was driven by new … decline accounts, at fixed prices, for 40% of the decrease in agricultural employment. This aggregate effect is roughly halved …