This paper is an application of a new Shapley income decomposition methodology, in which we isolate two subjective factors in income differences - race and gender - that contribute to income inequality within the population of blacks and whites in the United States over the period 2005-2017. We...

This paper examines the relationship between inequality and discrimination. Using a simple model of competitive signaling, this paper shows that income inequality motivates discrimination against low-income group. It is parents' investment on their children's signaling that interlinks inequality...

This paper examines the relationship between inequality and discrimination. Using a simple model of competitive signaling, this paper shows that income inequality motivates discrimination against low-income group. It is parents' investment on their children's signaling that interlinks inequality...