Wealth Inequality

Salvatore Morelli, whose research was cited by The Economist in a recent article on the “return of inheritocracy,” discusses the surge in inherited wealth, what this means for wealth inequality, and potential solutions for the negative effects of the ongoing Great Wealth Transfer.

S. Morelli, T. Asher, F. Di Biase, F. Disslbacher, I. Flores, L. Giangregorio, A. Rego Johnson, M. Longmuir, G. Rella, M. Schechtl, F. Subioli, and M. Targa. Stone Center Working Paper Series. no 99. 2024.

G. Alfani and S. Sardone. Stone Center Working Paper. no. 95. 2024.

S. Morelli, B. Nolan, J. C. Palomino, and P. Van Kerm. Stone Center Working Paper. no. 94. 2024.

P. Fessler and S. Rapp. Stone Center Working Paper. no. 92. 2024.

A new working paper by Pirmin Fessler of the Austrian National Bank (OeNB) and Stone Center Postdoctoral Scholar Severin Rapp analyzes the connection between individuals’ biased perceptions of their rank on the wealth distribution, and their savings behavior.

Salvatore Morelli, the director of the GC Wealth Project and a Stone Center Senior Scholar, and Stone Center Affiliated Scholar Daniel Waldenström discuss Waldenström's new book, Richer and More Equal: A New History of Wealth in the West.

F. Alvaredo, Y. Berman, and S. Morelli. Stone Center Working Paper no. 91. 2024.

F. Disslbacher and S. Rapp. Stone Center Working Paper. no. 90. 2024.

Stone Center Affiliated Scholar Arthur Kennickell describes changes in the levels of household wealth across the distribution from 1989 to 2022 in this blog post, the second in a three-part series.