Elites disproportionately influence policymaking, yet little is known about their fairness and efficiency preferences - key determinants of support for redistributive policies. We investigate these preferences using an incentivized lab experiment with a group of future elites - Ivy League MBA...

We use novel surveys of firms and workers, linked to administrative employer-employee data, to study the prevalence and importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms' bargaining strategies. Using the elicited strategies...

This study examines changes in sales by business category and area in Korea's small commercial districts. Unlike previous studies that focused primarily on overall sales levels before and after the COVID-19 pandemic, this paper emphasizes temporal variations in the inequality of sales...

Recent technological advances and policy initiatives present Africa with enormous growth potential from participating in global value chains (GVCs). However, the widening income inequality is raising questions as to whether participation in GVCs plays any role in this observed phenomenon....