TY - JOUR
T1 - Accounting for the U.S. earnings and wealth inequality
AU - Castaneda, Ana
AU - Díaz-Giménez, Javier
AU - Ríos-Rull, José Víctor
PY - 2003/8
Y1 - 2003/8
N2 - We show that a theory of earnings and wealth inequality, based on the optimal choices of ex ante identical households that face uninsured idiosyncratic shocks to their endowments of efficiency labor units, accounts for the U.S. earnings and wealth inequality almost exactly.
AB - We show that a theory of earnings and wealth inequality, based on the optimal choices of ex ante identical households that face uninsured idiosyncratic shocks to their endowments of efficiency labor units, accounts for the U.S. earnings and wealth inequality almost exactly.
UR - http://www.scopus.com/inward/record.url?scp=0141925323&partnerID=8YFLogxK
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U2 - 10.1086/375382
DO - 10.1086/375382
M3 - Article
AN - SCOPUS:0141925323
SN - 0022-3808
VL - 111
SP - 818
EP - 857
JO - Journal of Political Economy
JF - Journal of Political Economy
IS - 4
ER -