Countries with high income inequality also show a strong association between parents ́and childrenś economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of …

In this paper, we analyze the growth effects of historical and biological ancestry, diversity and financial development … ethnolinguistic cleavages, genetic distance from the United States also favorably increases the relevance of financial development for … centralization reinforces the negative growth effect of financial development. We argue that financial development is inclined to …

We explore the role of social mobility as a driver of economic development. First, we map the geography of … that increasing social mobility had a significant and robust effect on the development of Latin American regions. …

That historical inequality can affect long run macroeconomic performance has been argued by a large literature on … endogenous inequality using models of indivisibilities in occupational choice, in the presence of borrowing constraints. These …

The causes and consequences of the intergenerational persistence of inequality are a topic of great interest among … observed and are associated with income inequality, poverty, economic growth, public educational expenditures and assortative …