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right-shifted skill, income, and wealth distribution. Higher top incomes and top wealth in equal division areas coincide …What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical … division of land led to a more equal distribution of land; other potential drivers of growth are smooth at the boundary and …
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The paper provides an empirical discussion of the national emergency utilization rate (NEUR), which is based on a "national emergency" definition of potential output and is published by the US Census Bureau. Over the peak-to-peak period 1989-2019, the NEUR decreased by 14.2 percent. The paper...
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