Inequality - facts and consequences (panel discussion)

The rise and persistence of economic inequality in many developed countries have motivated growing concern about the consequences of disparities. Over the past ten years, research on economic inequality and its consequences has expanded rapidly, giving us some initial purchase on whether these concerns are likely to be realized. What is the impact of inequality on health, education, social relations, and politics? Will rising inequality deepen social divisions? What are the implications of growing inequality for school outcomes? What is the influence of inequality on health outcomes? These and related questions will be debated by three economists, which have done extensive research on inequality and its consequences.

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Janet Currie is a pioneer in the economic analysis of child development. Her current research focuses on socioeconomic differences in health and access to health care, environmental threats to health, the important role of mental health, and the long-run impact of health problems in pregnancy and early childhood.

David Dorn’s research spans the fields of labor economics, international trade, political economy, and macroeconomics. He leads the new University Research Priority Programs (URPP) Equality of Opportunity at the University of Zurich. The program aims to investigate the economic and societal changes that give rise to inequality. The researchers involved in the program will also analyze concrete legal frameworks and political measures that help to increase equal opportunities for all members of a society.

Branko Milanovic’s main area of work is income inequality, in individual countries and globally, as well as historically, among pre-industrial societies (Roman Empire, Byzantium, and France before the Revolution), and even inequality in soccer. He has published a number of articles on the methodology and empirics of global income distribution and the effects of globalization.

The moderator James Mackintosh is a Senior Markets Columnist at The Wall Street Journal.

00:00 Intro
03:30 Branko Milanovic
11:00 Janet Currie
18:15 David Dorn
23:55 Panel
52:05 Q&A
1:18:53 Outro

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