In this module we will learn about the sources and determinants of economic inequality. We will begin by thinking about how we should understand top income and wealth concentration: The fact that rich people are so much higher than the rest (the so-called ¿1%.¿ New and old theories of income and wealth concentration will be studied. We will then switch gears and think about what generations overall inequality. Is it luck? Higher education? Having rich or better educated parents? Finally, we will take a slightly perspective and discuss how income inequality manifests itself, specifically whether income differences are mostly driven by education level, industries, or occupations.

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ECN383 - Economics of Inequality - 2023/24 2023-2024 Academic Year 29/10/2023 23:12:08