Is income inequality in the United States primarily driven by disparities between ethnic groups or within them? The evidence reveals a striking pattern: 96% of U.S. income inequality arises from variation within groups sharing common ancestral origins, far overshadowing the comparatively small...

Abstract We study life expectancy inequality in a Mirrleesian life-cycle framework. Life expectancy shapes the efficiency dimension of redistribution via the pension wedge. Moreover, cost- and preference-based channels arising from the income-lifespan gradient reduce the mechanical value of...

This paper provides a methodological contribution to the study of historical income inequality by examining the construction and use of social tables for the nineteenth century. In a period when modern household surveys were absent, social tables represent one of the only feasible approaches for...

The Philippines aspires to become a predominantly middle-class society by 2040. Significant strides have been achieved in the reduction of extreme poverty. However, the COVID-19 pandemic exposed the fragility of recent gains and the vulnerability of many households to economic shocks. This study...