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If satisfaction with life (SWL) is used to measure individual wellbeing, the dispersion of its distribution offers a comprehensive measure of inequality that subsumes the many and various component forms of inequality in particular domains. The cross-country correlation between the level of SWL...
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The link between happiness and overall inequality is best studied using an index that incorporates different aspects of inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies among individuals. Its correlation with both...
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This chapter examines the role of spatial sorting in shaping economic inequality in the United States. We first document the evolution of firm and worker sorting by skill level between 1980 and 2017. We highlight a shift since 2000, where both high-education workers and firms increasingly sort...
Persistent link: https://www.econbiz.de/10015361485
We estimate the causal impacts of immigration to U.S. cities on the intergenerational economic mobility of children of U.S.-born parents. Immigration raises the educational attainment and earnings among individuals who grew up in poorer households and reduces the earnings, educational...
Persistent link: https://www.econbiz.de/10015421912
We study racial inequality in 21st century France. Using parents' nationality at birth, we overcome the lack of ethno-racial statistics stemming from the country's "color-blind" approach. We document substantial earnings penalties for racial minorities along the income distribution. Penalties...
Persistent link: https://www.econbiz.de/10015438238
There is a consensus that there is an earnings premium for licensed workers relative to unlicensed workers. However, little is known about how occupational licensing affects earnings inequality. In this paper, we study dynamic, heterogeneous earnings effects of occupational licensing and draw...
Persistent link: https://www.econbiz.de/10015409763
We provide a comprehensive overview of earnings, income and wealth inequality based on the 2022 Survey of Consumer Finances from the United States. We document the current state of inequality and its evolution over the last three decades organizing the data along key demographic dimensions...
Persistent link: https://www.econbiz.de/10015409855
This paper revisits the Great Gatsby curve that connects inequality to mobility, using panel data spanning several countries and time periods. Existing literature observes that the intergenerational elasticity of earnings falls as inequality rises, implying that mobility (viewed as the negative...
Persistent link: https://www.econbiz.de/10015450899