Accounting for the U.S. Earnings and Wealth Inequality
展示一个基于事前相同家庭面临未保险异质性冲击的最优选择理论，几乎精确解释了美国的收入与财富不平等。
We show that a theory of earnings and wealth inequality, based on the optimal choices of ex ante identical households that face uninsured idiosyncratic shocks to their endowments of efficiency labor units, accounts for the U.S. earnings and wealth inequality almost exactly.