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 vary across countries and 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 2021 Syllabus: here
Course material (including exams, solutions, grade statistics) for previous year available here.
Part II: Global growth and its distribution
Lecture 6: Trends in inequality within countries
Lecture 7: The United States in international perspective
Lecture 8: Pre-tax vs. post-tax inequality [merged with lecture 7]
Lecture 9: Trends in inequality between countries
Lecture 10: Global income inequality dynamics
Part III: Labor income inequality
Lecture 11: Labor income inequality: the role of market forces
Lecture 12: Labor income inequality: the role of institutions
Lecture 13: Gender inequality in the labor market
Lecture 14: Racial economic disparities
Midterm: March 2. Solutions
Part IV: Capital inequality
Lecture 15: Private and public capital
Lecture 16: Global wealth inequality
Lecture 17: Models of the wealth distribution
Lecture 18: r>g
Lecture 19: Inherited versus self-made wealth
Final exam: May 14. Solutions.