This course provides an introduction to the analysis of economic inequalities and the interplay between inequality and economic growth. It deals with three sets of core questions: 1) How does inequality evolve over the path of development? 2) What are the theories that can explain the degree of economic inequalities and its dynamic? 3) How do policies affect inequalities, and what types of policies can foster equitable growth?

**Spring 2017 Syllabus**

Lectures on Tuesdays 5.00pm-8.00pm, in Valley Life Sciences 2060

Sections on Wednesdays and Thursdays. Sections start week of Jan. 16. Section announcements and material available here.

Course material (including exams, solutions, grade statistics) for previous year available here.

**Part I: Core concepts**

Lecture 1: Introduction

Lecture 2: What is income?

Lecture 3: What is capital?

Lecture 4: Inequality between labor and capital

Lecture 5: Inequality between individuals: Measurement

Lecture 6: Inequality between individuals: Trends

Lecture 7: Inequality between individuals: The role of government

Lecture 8 [skipped]: The interplay between inequality and growth

**Part II: Labor inequality**

Lecture 9: Labor income inequality: the role of market forces

Lecture 10: Labor income inequality: the role of institutions

Lecture 11: Gender inequality on the labor market

Lecture 12: Top labor incomes

*Midterm: February 28 (Exam) (Solutions)*

**Part III: Capital inequality**

Lecture 13: Wealth inequality across time and space

Lecture 14: Models of the wealth distribution

Lecture 15: r>g

Lecture 16 : Inherited versus self-made wealth (1)

Lecture 17: Inherited versus self-made wealth (2)

Lecture 18: Offshore wealth

**Part IV: Global inequality**

Lecture 19: The world distribution of income

Lecture 20: Global inequality and factor mobility

Lecture 21: Global inequality and trade

**Part V: Regulating inequality**

Lecture 22: Optimal labor income taxation

Lecture 23: Optimal capital taxation

Lecture 24: Taxation in a globalized world

Lecture 25: Review and conclusion

*Final exam: May 12 (solutions)
Grade distribution
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