Economic outcomes vary significantly across socio-demographic groups. In a model of multi-dimensional identity, we show how economic underrepresentation can evolve through identity-specific norms and stereotypes. Whereas standard approaches treat identity dimensions as independent, our analysis...

There are pronounced racial, ethnic, and gender gaps in income in the U.S. We investigate whether these correspond with differences in competitiveness, risk tolerance, and confidence relative to performance in a large, stratified sample of the U.S. prime-age population. We find substantial...