Related papers: Income Inequality and Intergenerational Mobility i…
We consider a simple theoretical model to investigate the impact of inheritances on the wealth distribution. Wealth is described as a finite resource, which remains constant over different generations and is divided equally among offspring.…
Our computational economic analysis investigates the relationship between inequality, mobility and the financial accumulation process. Extending the baseline model by Levy et al., we characterise the economic process through stylised return…
In this invited book chapter, we draw the reader to a brief review of the different Kinetic Exchange Models (KEMs) that have gradually developed for markets and how they can be employed to quantitatively study inequalities (the Gini Index…
We use a controlled laboratory experiment to study the causal impact of income decreases within a time period on redistribution decisions at the end of that period, in an environment where we keep fixed the sum of incomes over the period.…
The global surge in social inequalities is one of the most pressing issues of our times. The spatial expression of social inequalities at city scale gives rise to urban segregation, a common phenomenon across different local and cultural…
Income inequality estimators are biased in small samples, leading generally to an underestimation. This aspect deserves particular attention when estimating inequality in small domains and performing small area estimation at the area level.…
Surprisingly, there has been little research conducted about the cross-country relationship between oil dependence/abundance and income inequality. At the same time, there is some tentative evidence suggesting that oil rich nations tend to…
Socio-spatial segregation is the physical separation of different social, economic, or demographic groups within a geographic space, often resulting in unequal access to resources, services, and opportunities. The literature has…
In the last decade, a large body of literature has been developed to explain the universal features of inequality in terms of income and wealth. By now, it is established that the distributions of income and wealth in various economies show…
This paper presents new empirical evidence from four emerging economies on the relationship between educational assortative mating and household income inequality. Using a methodological approach that allows for studying marital sorting…
We study intergenerational transfers of income. In our stylized model, each generation in an infinite (but countable) stream is endowed with some income. An allocation rule associates with each infinite stream another stream, thus involving…
This research paper delves into the financial behavior of urbanized households in India, specifically focusing on million-plus agglomerations. Using data from the 77th round of the All India Debt and Investment Survey, the study analyzes…
The evolution of global income distribution from 1988 to 2018 is analyzed using purchasing power parity exchange rates and well-established statistical distributions. This research proposes the use of two separate distributions to more…
Interaction with individuals from other socioeconomic classes has been shown to be a main driver for social mobility. We employ tools of social identity theory and network analysis to show how exposure to individuals of different social…
I discuss economic and social sources of inequality and elaborate on the role of social networks in inequality, economic immobility, and economic inefficiencies. The lens of social networks clarifies how the entanglement of people's…
Conventional algorithmic fairness is Western in its sub-groups, values, and optimizations. In this paper, we ask how portable the assumptions of this largely Western take on algorithmic fairness are to a different geo-cultural context such…
Decision to participate in education depends on the circumstances individual inherits and on the returns to education she expects as well. If one person from any socio-economically disadvantaged social group inherits poor circumstances…
We study partially linear models when the outcome of interest and some of the covariates are observed in two different datasets that cannot be linked. This type of data combination problem arises very frequently in empirical microeconomics.…
We study the effect of the social stratification on the wealth distribution on a system of interacting economic agents that are constrained to interact only within their own economic class. The economical mobility of the agents is related…
This study leverages large-scale travel surveys for over 200,000 residents across Boston, Chicago, Hong Kong, London, and Sao Paulo. With rich individual-level data, we make systematic comparisons and reveal patterns in social mixing, which…