Heterogeneity in Macroeconomics: The Compositional Inequality Perspective
Working Paper 2022-625 Abstract This work presents a framework to jointly study individuals’ heterogeneity in terms of their capital and
Read MoreWorking Paper 2022-625 Abstract This work presents a framework to jointly study individuals’ heterogeneity in terms of their capital and
Read MoreWorking Paper 2022-624 Abstract This paper studies the gender pension savings gap in a system based on individual retirement accounts
Read MoreWorking Paper 2022-623 Abstract Do individuals choose their reference groups, i.e. their Joneses, or are they culturally transmitted across generations?
Read MoreWorking Paper 2022-622 Abstract Despite a vast literature documenting climate change negative effects on various socio-economic outcomes, surprisingly hardly any
Read MoreWorking Paper 2022-621 Abstract The paper proposes a framework to assess fairness in multidimensional distributions while respecting individual preferences. We
Read MoreWorking Paper 2022-620 Abstract We estimate, for the first time, long-run trends in intergenerational economic mobility for a multitude of
Read MoreWorking Paper 2022-619 Abstract Global eradication of extreme poverty requires absolute convergence of poverty rates worldwide towards zero. Using data
Read MoreWorking Paper 2022-618 Abstract Natural Gini decomposition (Rao, V. M., 1969, J R Stat Soc Ser A, 132:418–425) and marginal
Read MoreWorking Paper 2022-617 Abstract This paper analyzes whether technological change improves equality of labor market opportunities by increasing the returns
Read MoreWorking Paper 2022-616 Abstract The measurement of income inequality is affected by missing observations, especially if they are concentrated on
Read MoreWorking Paper 2022-615 Abstract In this paper, we use EUROMOD, the tax-benefit microsimulation model of the European Union,to investigate the
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