Recent studies of economic inequality almost always separately examine income, consumption, and wealth inequality and … of Income Dynamics data from 1999 through 2013, we examine whether these changes are more dramatic at higher or lower … levels of wealth and find that the marginal propensity to consume is lower at higher wealth quintiles. This suggests that low …

Marriage is one of the most important determinants of economic prosperity, yet most existing theories of inequality … ignore the role of the family. This paper documents that the cross-sectional distributions of earnings and wealth display a … high degree of concentration, even when disaggregated into single and married households. At the same time, there is a …

We provide evidence that the distributions of consumption, labor income, wealth, and capital income exhibit asymptotic … power-law behavior with a strict ranking of upper tail inequality, in that order, from the least to the most unequal. We … magnitudes of these four tails simultaneously. Mechanisms addressing the wealth concentration puzzle in these models through …

This paper empirically investigates the relationship between corruption and the emigration of those with high, medium … and low levels of educational attainment. The empirical results indicate that as corruption increases the emigration rate … levels of educational attainment, however, increases at initial levels of corruption and then decreases beyond a certain …

Noting that few studies to date have investigated the determinants of social cohesion in a comprehensive and systematic … manner, this paper examines the macro-level determinants of social cohesion using a panel of up to 92 developing and … concerns by means of internal instruments, I find that the levels of education, government size, globalisation, and economic …