processes or utility. Accounting for the value of human capital delivers a different view of inequality: (i) in 2016 the top 10 … on inequality, but this effect has waned over time due to the growing importance of assets in lifetime wealth portfolios …

That historical inequality can affect long run macroeconomic performance has been argued by a large literature on … endogenous inequality using models of indivisibilities in occupational choice, in the presence of borrowing constraints. These …

Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where a rent …-shaped function of h, with minimum at 0 < h1 < 1; iii) the likelihood that Q improves with BD falls with international inequality; iv …) the likelihood that Q improves with h falls with domestic inequality; v) the likelihood Q improves with h falls (rises …

Brain drain BD, human capital h, and inequality's institutional impact is examined in a model where a rent …-shaped function of h, with minimum at 0 < h1 < 1; iii) the likelihood that Q improves with BD falls with international inequality; iv …) the likelihood that Q improves with h falls with domestic inequality; v) the likelihood Q improves with h falls (rises …

-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …