contrast, monetary policy has only negligible effects on wealth inequality. …

are taken into account and rent is generated. This hypothesis, which is a macro engine for inequality, creates a gap …

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

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 …

A method to impute consumption expenditure inequality between wealth groups in the Survey of Consumer Finances is … increases in wealth inequality have passed through to consumption. Repeating this exercise in the Panel Study of Income Dynamics …

inequality from 2005 to 2016 at the monthly frequency. We investigate the dynamic relationship between monetary policy and the … evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …

a two-agent overlapping-generations model, we find that recent trends in income inequality and financial liberalization … those reducing the structural sources of high inequality. …

. I find that in general there is no clear relationship between the return on wealth and inequality and that the Pareto …