Wider participation in stockholding is often presumed to reduce wealth inequality. We measure and decompose changes in … US wealth inequality between 1989 and 2001, a period of considerable spread of equity culture. Inequality in equity … wealth is found to be important for net wealth inequality, despite equity's limited share. Our findings show that reduced …

degree of heterogeneity in household preferences or beliefs is sufficient to match empirical measures of wealth inequality in …

investment expensing brings about sizeable output gains and a nontrivial increase in after-tax income inequality. However, it …

inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …

inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …

greater wealth inequality. …

believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy … this must always have been true. Indeed, some have argued that high inequality appeared very early in the post … performance we observe there even today. This paper argues to the contrary. Compared with the rest of the world, inequality was …