This paper investigates the importance of accounting for the profile of inequality in the analysis of institutional trust. Drawing on individual data from 82 countries around the world over the 1981-2021 period, it sheds light on the potential limitations of exploring the impact of the income...

The long-run U-shaped patterns of economic inequality are standardly explained by basic economic trends (Piketty’s rg), taxation policies, or “great levelers,” like catastrophes. This paper argues that housing policy, in particular rent control, is a neglected explanatory factor in...

So einfach, so schwierig: Die Welt zu erklären hängt insbesondere von der Güte der zur Verfügung stehenden Daten ab. Eine der kritischen Variablen in der Mikroanalyse von Wohlfahrt und"human resources" ist Einkommen; umso mehr, wenn die Situation von Selbständigen und Freien Berufen und das...

This paper utilizes the self-employed to analyze the observed increase in the educational earnings premium in the 1980's. The paper compares the predictions of the signaling and human capital models in response to an exogenous demand shock such as a skill-biased technological change. Since the...