The purpose of this study is to investigate whether the social outcomes of economic inequality extend to the financial decisions of individual investors, particularly the decision to invest in stocks. Using tax and census data during the 2010-2018 period we find robust evidence that households...

This paper explores whether more generous social spending polices in fact lead to less income inequality, or if redistributive outcomes are offset by behavioral disincentive effects. To account for the inherent endogeneity of social policies with regard to inequality levels, I apply the System...

This paper explores if more generous social spending polices in fact lead to less income inequality, or if redistributive outcomes are offset by behavioral disincentive effects. To account for the inherent endogeneity of social policies with regard to inequality levels, I apply the System GMM...