>g), taxation policies, or “great levelers,” like catastrophes. This paper argues that housing policy, in particular rent control …, is a neglected explanatory factor in understanding overall inequality. We hypothesize that rent control could decrease … tenants. Using original long-run data for up to 16 countries (1900-2016), we show that rent controls lowered wealth …

generation of rents (as a distinctly different mechanism from profit maximising business activity), we use a broader notion of … rent than it was customary in the past 50 years. We return to the Ricardian tradition and define the institution of rent as … payments for goods, services or for work in employment that exceed the competitive price. Our rent concept includes - inter …

, individuals show the opposite pattern, preferring profit maximization. This paper argues, however, that the more rational … preference for profit maximization in joint evaluation is limited to those circumstances where the payoff recipients share a … social identity. When social identity differs between recipients, individuals no longer prefer profit maximization under …