Three Essays on Wealth and Income Inequality
Three Essays on Wealth and Income Inequality

Author: Aaron Cooke

Publisher:

Published: 2018

Total Pages: 100

ISBN-13:

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In two linked papers I show the importance of fertility to the wealth distribution and how fertility interacts with intergenerational transfer taxation. In a third paper I empirically explore the impact of recession on occupational sorting, using public school teachers as a relatively acyclical comparison occupation.

Three Essays on Wealth Inequality
Three Essays on Wealth Inequality

Author: Xing Miao (Ph. D. in economics)

Publisher:

Published: 2020

Total Pages: 132

ISBN-13:

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Wealth inequality has always been part of American life, but not until recently has it risen to a level not seen since the Great Depression. In this dissertation, I present three essays in which the wealth gap issue is investigated in depth from three different perspectives.

Three Essays on Wealth and Racial Inequality
Three Essays on Wealth and Racial Inequality

Author: Stephan Lefebvre

Publisher:

Published: 2020

Total Pages: 143

ISBN-13:

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Racial inequality and wealth are inextricably linked. Wealth gaps are an important dimension of racial inequality. In addition, wealth itself plays a causal role in other dimensions of inequality, including unequal labor market and education outcomes. In the first essay, I estimate the effect of access to extended family wealth on college enrollment and I find a positive relationship. This is important for higher education policies that aim to reduce inequality but fail to account for race and wealth. In the second essay, I estimate the effect of Medicaid on individual assets. Whereas economic theory in the literature predicts a negative effect, I develop a framework that shows how public insurance can increase savings and I present empirical evidence against a negative effect. Finally, the third essay develops an analytical framework called Latinx stratification economics by reviewing the main economic theories applied to Latinxs and demonstrating how stratification economics and Latinx studies may be used to critique the dominant theories.