captures the main patterns of inequality, between and within the social groupings. We find that the effects of peer pressure on … within-group inequality differ between groups. We also find that wealth and consumption inequality increase within groups who … aspire to match social targets from a higher class, despite a reduction in within-group inequality in hours and earnings. …

that an increase in unemployment benefits leads to a rise in steady state wealth inequality measured by the Gini …

Marriage is one of the most important determinants of economic prosperity, yet most existing theories of inequality … account for these empirical facts, I develop a theory based on an otherwise standard incomplete-markets OLG model with ex …

How much does inequality matter for the business cycle and vice versa? Using a Bayesian likelihood approach, we … income risk and taxes. We find that adding data on inequality does not materially change the estimated shocks and frictions … income inequality. The systematic components of monetary and fiscal policy are important for inequality as well. …

1980s can be explained by the interplay of rising (top-end) household income inequality and institutions. On the other hand … personellen Einkommensverteilung auf nationale Leistungsbilanzsalden zu analysieren. Im Modell hat jedes Land einen Haushalts- und … Einkommensverteilung und dem institutionellen Umfeld erklärt werden kann. Hingegen wird die verhältnismäßige schwache Binnennachfrage in …

aggregate demand, a raise in the minimum wage and a reduction in wage inequality can also lead the economy toward more …

We incorporate the division of income between capital and labor into analysis on the relationship between inequality …

income. It develops a model with an endogenous wealth distribution and shows that the endogenous rise in wealth inequality … of wealth inequality. The paper thereby provides a possible explanation for the instability of demand regimes over time. …

recovery in the 1930s, especially the New Deal. The role of income inequality before and during the Great Depression, however …, has almost never been discussed thoroughly. This paper attempts to answer two questions. Firstly, was inequality perceived … policy design did take seriously the problem of inequality? Using official documents such as transcripts of Roosevelt …