In this course, we study the driving forces of inequality across countries; across time; and across individuals within a country. We will define and measure inequality using standard measures of economic well-being, such as income, wealth, and consumption of market goods, as well as with broader measures such as health outcomes. Historical cross-country data, microdata, and specific case studies will be used to evaluate theories of the sources of inequality. Key variables to be evaluated include: physical capital investment; education and human capital investment; technological progress; robotization; international trade; and financial markets, among others. Prerequisites: Econ 4011 and Econ 4021. 3 units.
Course Attributes: EN S; AS SSC; FA SSC; AR SSC