the dynamic study of inequality through the lens of social stratification. …

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters … coefficient of wealth inequality. Hence the Gini coefficient and growth are positively correlated, holding the population?s wealth …

We provide an analytical-behavioral explanation for the observed positive relationship between income inequality, as …

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters … coefficient of wealth inequality. Hence the Gini coefficient and growth are positively correlated, holding the population's wealth …

social planner's aversion to inequality, embedded in an isoelastic social welfare function indexed by a parameter alpha, or …

income inequality in a society. However, can such a transfer reduce the welfare of the society? We show that a rich …-to-poor transfer can induce a response in the individuals' behaviors which actually exacerbates, rather than reduces, income inequality … space of admissible utility functions. In addition, we show that a rich-to-poor transfer can exacerbate inequality when we …