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Lecture 25: Inequality, poverty, and mobility

Lecture 25: Inequality, poverty, and mobility

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Lecture 25: Inequality, poverty, and mobility
Measuring the distribution
Mobility
Redistribution and incentives
Figures from the lecture
Same information in a graph
The distribution of wealth in the U.S. is even more unequal than the distribution of income
The distribution of wealth in the U.S. is even more unequal than the distribution of income
Intergenerational mobility
FIGURE I
Another look at racial gaps
Mobility to top income quintile
Tom’s optimal consumption choice
Sarah’s optimal consumption choice
Sarah’s response to the tax
Comparison of outcomes
Comparison of outcomes