end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …

Using a threshold public good experiment, we examine how varying degrees of inequality in resources and differences in … greater risk than the rich, contributions and success in reaching the threshold decrease with increasing inequality in funds … of the rich are not averse to inequality. These results highlight the challenges confronting parties in real …