We document in US data that returns to wealth across households are significantly heterogeneous, and persistently so. Motivated by this observation, we build a

We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax reco

We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax reco

This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely among

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary