inequality from 2005 to 2016 at the monthly frequency. We investigate the dynamic relationship between monetary policy and the … evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …

inequality over the life cycle and of the individual-level degree of consumption insurance against persistent earnings shocks …

, and are these consequences conditional on the a priori level of wealth inequality? This paper answers these questions by … wealth inequality across two economies with different initial wealth dispersion. It uses a heterogeneous agent model in which … downpayment. The key finding of this paper is that initial conditions matter; the lower is wealth inequality ex-ante, the higher …

recognized for its extreme income inequality, reliable data on wealth is scarce, partial and oftentimes contradictory, making it … inequality based on recently available surveys. We contrast our results with the literature, with a handful of state … estimates and 5-6 times at book values. We also find that wealth inequality is amongst the highest in the world were it can be …

valuations are homogeneous, our source of heterogeneity induces full cost- sharing and the first-best individual contributions …; further, the group probability of winning goes up. With heterogeneity in prize valuations, an increase in the effectiveness of … which have been shown to form together with conflict and inequality endogenously; otherwise, this occurs with non corrupt …

and how these might influence aggregate savings and wealth inequality. This paper aims to fill that gap by examining both … features labor and capital market segmentation, and it is calibrated to replicate the saving rates, wealth inequality and …