Income Inequality

M. Ranaldi. Stone Center Working Paper Series. no. 62. Revised 2025.

In this post, Janet Gornick and Branko Milanovic discuss the results of their study, "In Search of the Roots of American Inequality Exceptionalism: An Analysis Based on Luxembourg Income Study (LIS) Data,” an examination of what underlies the high level of income inequality in the U.S.

R. Chetty, J.N. Friedman, J.C. Gornick, B. Johnson, and A. Kennickell (eds). Chicago: The University of Chicago Press. 2022.

A working paper by Stone Center postdoctoral scholar Rafia Zafar shows that consumption expenditures can be used to accurately measure mobility in Indonesia, one of the largest lower-middle income countries in the world.

A new study by Stockholm University’s Arvid Lindh and the Stone Center’s Leslie McCall reveals preferences among Americans for policies that reduce pay inequality within major U.S. corporations — which in turn challenges assumptions about support for free markets.

In this interview, Nishant Yonzan, who earned his Ph.D. from the Graduate Center in 2022, talks about his study, coauthored with Stone Center Scholars Branko Milanovic, Salvatore Morelli, and Janet Gornick, that was recently published in The Journal of Economic Inequality.

M. Ranaldi. The Review of Income and Wealth. vol. 68, no. 1, pp. 139–160. 2022.

T. Blanchet, I. Flores, and M. Morgan. The Journal of Economic Inequality. vol. 20, pp. 119–150. 2022.

M. Ranaldi and B. Milanovic. Journal of Comparative Economics. vol. 50, no. 1, pp. 20–32. 2022.

In this post, Miles Corak explains how he came to write the introductory essay to a new edition of The Great Gatsby, now available from Century Press.