Income & Wealth

    The Institute strongly supports collecting data and generating better theories about income and wealth. We use a multidisciplinary approach, casting a wide net to better understand these issues which sit at the heart of contemporary economics.

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    Inequality in Asia: The Local Effects of Global Capitalism

    Inequality did not increase during the early stages of economic development in Japan and the East Asian Tigers. But in India and China it did. Why is that? Watch the video

    Real vs. Imagined Financial Markets The Regulatory Challenge

    We have grown accustomed to regulating financial markets based on imagined, not real markets. Real markets are shaped by and co-evolve with institutional arrangements within two fundamental constraints: Imperfect knowledge and the threat of illiquidity. Read more