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Differences in resource allocations or opportunities that arise within or between countries.

9 votes
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Causes of income inequality in the US

We review the evidence for this hypothesis, focusing on the implica- tions of SBTC for overall wage inequality and for changes in wage differentials between groups. … of wage inequality, including the gender and racial wage gaps and the age gradient in the return to education. …
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9 votes
1 answer
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Piketty's Return on Capital

How exactly does Piketty et al's method (as in his book) for computing the interest rate over time and countries work? I know that they use reported tax returns, and that some criticize them for also …
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