The richest individuals in the top 0.0…01% of the wealth distribution are disproportionately business-owning entrepreneurs. In contrast, the most successful in other occupations (say, artists) accumulate orders-of-magnitude smaller wealth. Why this stark gap? This project seeks to develop a theory that explains the gap. We will also empirically test its predictions and calibrate/simulate the model.
Requisite Skills and Qualifications:
Please attach a transcript with your application. Including a writing sample would be a plus though not required.
RAship: Economics Predoctoral RA Project Year: 2019 Economics Predoctoral Projects