Sorting of people on the labor market not only assures the most productive use of valuable skills but also generates individual utility gains if people experience an optimal match between job characteristics and their preferences. Based on individual data on subjective well-being it is possible...

Employing comparative and quantitative historical methods Frankema explores long run trends of asset and income distribution in Latin America, arguing that there is little reason to regard the yawning gap between rich and poor as the persistent result of a colonial heritage.

This chapter provides new evidence on educational inequality and reviews the literature on the causes and consequences of unequal education. We document large achievement gaps between children from different socio-economic backgrounds, show how patterns of educational inequality vary across...