What is Driving Wealth Inequality in the United States of America? The Role of Productivity, Taxation and Skills

This session explores the key factors driving wealth inequality in the United States. It examines how disparities in educational attainment between skilled and unskilled workers, coupled with productivity differences across firms, contribute to growing wealth gaps. By focusing on structural changes such as the increasing share of skilled workers, skill-biased technological advancements, decreasing progressiveness of taxation, and productivity slowdown, the webinar highlights the decline in productivity growth as the primary driver of both within-group and between-group inequalities. This session provides a deeper understanding of these dynamics and their implications for economic equity.