squeeze. Median wealth grew briskly in the late 1990s and even faster in the 2000s. The inequality of net worth was up … steep rise in wealth inequality, with the Gini coefficient advancing from 0.834 to 0.865. …

little evidence of an inheritance “boom.” In fact, from 1989 to 2007, the share of households reporting a wealth transfer …

moments of the data over the lifecycle. The key challenge for the model is to generate declining inequality in annual hours … observed cross-sectional inequality in labor supply and consumption and may have quantitative relevance for analyses that …

Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of … changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

The hypothesis is that Pareto and Kaldor-Hicks Efficiency have an aspect of sustainability in relation to inequality …. The analysis finds efficient situations reached increasing inequality as diminishing in the long term effective demand in …

China's income inequality has been largely overlooked as the economy moves rapidly toward the Kuznets curve peak. This paper … find that China's growth is positively affected by saving but has a limited effect on saving, that inequality mainly has a … negative impact on growth but has a positive impact on saving, and that inequality is a stronger factor than growth in …