We study the link between culturally inherited household structure and wealth distribution in international comparisons … distribution. Imposing the Spanish household structure to the US wealth distribution has little effect on summary measures of … between these wealth distribution differences and wealth composition. Finally, we present results for the within …

, we analyze the constrained-efficient allocation of an Aiyagari economy with a fat-tailed wealth distribution. We find … that the constrained-efficient allocation features more wealth inequality than the competitive equilibrium …

losses have disproportionately negative impact on local communities. Economists generally argue that free and unimpeded …

It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due … to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the …

current economic issues. This has implications for the acceptance of economic policy since these economists are apt to uphold … the interests of their employer. In contrast, academic economists suffer from a lack of recognition and reach in the media … generation of academic economists, in contrast to previous generations, is becoming reticent on matters of public policy. …

homestead wealth on use of nets purchased from the retail sector is well documented, however, the competing influence of mother … were collected at homestead, mother and child (aged < 5 years) levels. An assets-based wealth index was developed using … before the interview; 58% (327) of the nets used were purchased from the retail sector. Homestead wealth (adjusted OR = 10 …