The existence of racially and ethnically diverse urban neighborhoods is one of our Nation's best-kept secrets. Instead of telling about these places, the media regularly report on the continued legacy of racial and ethnic tensions in the United States. As the Nation is becoming more racially and...

Inflation is often assumed to affect all people in the same way. In practice, differences in spending patterns across households and differences in price increases across goods and services lead to unequal levels of inflation for different households. In this paper, we measure the degree of...