Economía

Accounting for the U.S. earnings and wealth inequality

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We show that a theory of earnings and wealth inequality, based on the optimal choices of ex ante identical households that face uninsured idiosyncratic shocks to their endowments of efficiency labor units, accounts for the U.S. earnings and wealth inequality almost exactly.
Cita bibliográfica: Castañeda, A.; Díaz Giménez, Javier; Ríos-Rull, J.V., "Accounting for the U.S. earnings and wealth inequality", Journal of Political Economy, Vol. 111, No. 4, 2003, pp 818 - 857

Referencia: 10.1086/375382 (DOI)
Fecha: 08/2003
Autor / es: Castañeda, A.; Díaz Giménez, Javier; Ríos-Rull, J.V.
Tipo de documento: Artículo en journal con referee
Idiomas: Inglés