This article provides an overview of the origins and development of stratification economics
as a subfield that centers the importance of identity, social ranking, and relative group …

In the United States, the average Black and Hispanic or Latino households earn about half
as much as the average White household and own only about 15 to 20 percent as much net …

Transfers from parents—either in the form of gifts or inheritances—have received much
attention as a source of inequality. This paper uses administrative data for the population of …

This research focuses on the digital transformation of retail banking in New Zealand,
focusing on the challenges and opportunities elderly customers face. The banking industry …

A convention, particularly in economics and sociology, for empirical identification of the
“middle class” has been to mark off a segment of the population above a lower bound with …

The distribution of wealth has grown increasingly unequal, especially along racial lines.
Lawmakers and researchers propose to address the issue with universal “baby bonds,” paid …

What drives the dynamics of the racial wealth gap? We answer this question using a
dynamic stochastic general equilibrium heterogeneous-agents model. Our calibrated model …

We estimate the distribution of wealth in Italy between 1995 and 2016 using a novel source
of inheritance tax files, combined with surveys and national accounts. We find that the level …

We estimate the contribution of intergenerational transfers (inheritances and gifts) and family
background to wealth inequality in four OECD countries: France, Spain, Great Britain, and …

This note was revised on September 30, 2020 to correct the second column of Panel B of
Table B, which erroneously reported the mean of inheritance assets that were received or …