NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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When Inequality Matters for Macro and Macro Matters for Inequality

SeHyoun Ahn, Greg Kaplan, Benjamin Moll, Thomas Winberry, Christian Wolf

NBER Working Paper No. 23494
Issued in June 2017

---- Acknowledgments ----

The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Greg Kaplan ----

• My primary employer is University of Chicago

• During the last three years, the following institutions have paid me or given me research grants valued cumulatively at more than $5000:

o Reserve Bank of Australia

o Brookings Institution

o National Science Foundation

o Sloan Foundation

o University of New South Wales

o United States Soccer Federation

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