entrepreneurship due to relative wealth concerns. A change in the profile of the economy to include more risk-averse people results in … an even greater increase in entrepreneurship. Thus, relative wealth concerns mitigate the reduction in entrepreneurship …We develop a model of occupational choice and entrepreneurship in which market frictions limit the possibilities for …

Many studies have shown that wealth inequality is even greater than income inequality and has increased in recent … decades. This issue of Policy in Focus is dedicated to wealth taxes, presenting various perspectives on whether they can be an …

, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where … Spence consider the impact of technology on inequality. Heather Boushey, Branko Milanovic, and others consider topics ranging … from gender to trends in the global South. Emmanuel Saez lays out an agenda for future research on inequality, while a …

rising desire to save. The resulting gap between the private desire for wealth and private investment can only be closed by … between desired wealth and investment, and it presents new empirical data on private wealth and its composition in the OECD … plus China area. The authors argue that a free economic and social order can only be stabilized if the wealth aspirations …

rising desire to save. The resulting gap between the private desire for wealth and private investment can only be closed by … between desired wealth and investment, and it presents new empirical data on private wealth and its composition in the OECD … plus China area. The authors argue that a free economic and social order can only be stabilized if the wealth aspirations …