This paper investigates the long-run nexus between wealth inequality and aggregate output using a DSGE model in which wealth inequality endogenously affects individual entrepreneurship incentives, thereby influencing aggregate output. Our model passes the indirect inference test against the UK...

We provide evidence for a new propagation mechanism of wealth inequality and mobility. Using unique administrative data and a quasi-field experiment of exogenous assignment, we find that educated entrants, faced with greater local wealth inequality and salient cases of wealth mobility, take...

This study provides a thorough examination of the evolving gender gap in time allocated to housework in the aftermath of the COVID-19 crisis. With data from the American Time Use Survey (2015-2022), our findings reveal a significant trend towards greater equality in the allocation of household...