Makro-Pic Seminar: Economics of the Very Long Run: Inequality

Block Seminar: January, 21 - 22, 2022, 8am - 6pm

Kickoff Meeting: October, 27, 1- 2pm
Submission of the application form for the seminar: November 7
Registration (flexnow): from November 8 to 15
Lecture "How to Write a Seminar Paper": November, 18th, 4-5pm
Submission of seminar paper: December, 22
Final prep meeting: January, 12, 1-2pm
Seminar Info: info

All meetings will be in digital rooms. Entry via the studip page of the course.

Course material for participants is available at the course material webpage


In this seminar we discuss recent studies of economic inequality. Introductory articles for all participants: Piketty, T., and Saez, E. (2014). Inequality in the long run. Science, 344(6186), 838-843. article Corak, M. (2013). Income inequality, equality of opportunity, and intergenerational mobility. Journal of Economic Perspectives, 27(3), 79-102. article


1. Pre-Industrial Inequality

Reference: Milanovic, B., Lindert, P., and Williamson, J.G. (2010). Pre-Industrial Inequality. Economic Journal 121, 255–272.

2. How Much of Our Income is Determined by Where We Live?

Reference: Milanovic, B. (2015). Global inequality of opportunity: How much of our income is determined by where we live?. Review of Economics and Statistics, 97(2), 452-460.

3. Growth Still is Good for the Poor

Reference: Dollar, D., Kleineberg, T.,and Kraay, A. (2016). Growth still is good for the poor. European Economic Review, 81, 68-85.

4. Income Inequality in the United States

Reference: Piketty, T., and Saez, E. (2003). Income inequality in the United States, 1913–1998. Quarterly Journal of Economics, 118(1), 1-41.

5. Lifetime Earnings Inequality in Germany

Reference: Bönke, T., Corneo, G., and Lüthen, H. (2015). Lifetime earnings inequality in Germany. Journal of Labor Economics, 33(1), 171-208.

6. Redistribution, Inequality, and Growth

Reference: Berg, A., Ostry, J. D., Tsangarides, C. G., and Yakhshilikov, Y. (2018). Redistribution, inequality, and growth: new evidence. Journal of Economic Growth, 23(3), 259-305.

7. Inequality of Opportunity and Growth.

Reference: Marrero, G. A., and Rodríguez, J. G. (2013). Inequality of opportunity and growth. Journal of Development Economics, 104, 107-122.

8. The Correlation of Wealth Across Generations

Reference: Charles, K. K., and Hurst, E. (2003). The correlation of wealth across generations. Journal of Political Economy, 111(6), 1155-1182.

9. The Role of Nature versus Nurture in Wealth and other Economic Outcomes and Behaviors

Reference: Majlesi, K., Lundborg, P., Black, S., and Devereux, P. (2019). Poor little rich kids? The role of nature versus nurture in wealth and other economic outcomes and behaviors. Review of Economic Studies.

10. The Economics and Psychology of Inequality and Human Development

Reference: Cunha, F., and Heckman, J. J. (2009). The economics and psychology of inequality and human development. Journal of the European Economic Association, 7(2-3), 320-364.

11. The Impacts of Neighborhoods on Intergenerational Mobility

Reference: Chetty, R., and Hendren, N. (2018). The impacts of neighborhoods on intergenerational mobility I: Childhood exposure effects. Quarterly Journal of Economics, 133(3), 1107-1162.

12. Mortality and Morbidity in the 21st Century

Reference: Case, A., and Deaton, A. (2017). Mortality and morbidity in the 21st century. Brookings Papers on Economic Activity, 2017, 397.

13. Explaining Job Polarization

Reference: Goos, M., Manning, A., and Salomons, A. (2014). Explaining job polarization: Routine-biased technological change and offshoring. American Economic Review, 104(8), 2509-26.

14. Inequality and Happiness: Are Europeans and Americans Different?

Reference: Alesina, A., Di Tella, R., and MacCulloch, R. (2004). Inequality and happiness: are Europeans and Americans different?. Journal of Public economics, 88(9-10), 2009-2042.

15. Genetic Endowments and Wealth Inequality

Reference: Barth, D., Papageorge, N. W., and Thom, K. (2020). Genetic endowments and wealth inequality. Journal of Political Economy, 128(4), 1474-1522.

16. A Grand Gender Convergence: Its Last Chapter

Reference: Goldin, C. (2014). A grand gender convergence: Its last chapter. American Economic Review, 104(4), 1091-1119.