Edited by: Lorenzo Cappellari, Solomon W. Polachek, Konstantinos Tatsiramos
Front Cover -- Inequality: Causes and Consequences -- Copyright page -- Contents -- Editorial Advisory Board -- Preface -- Inequality of Opportunity in Europe: Is There a Role for Institutions? -- 1. Introduction -- 2. Measuring Opportunity Inequality: A Simple Model -- 3. The Empirical Analysis: Income Inequality and Opportunity Inequality in Europe -- 3.1. Data Description -- 3.2. Circumstances -- 3.3. Labour Market Participation -- 3.4. Income and Opportunity Inequality Rankings in Europe -- 3.5. Measuring Inequality of Opportunities -- 4. The Empirical Analysis: Inequality of Opportunity and Institutions -- 5. Concluding Remarks -- References -- Appendix -- Household Lifetime Inequality Estimates in the U.S. Labor Market -- 1. Introduction -- 2. Model -- 2.1. Environment -- 2.2. Value Functions -- 2.3. Optimal Decision Rules -- 3. Data -- 3.1. Sample Restrictions -- 3.2. Descriptive Statistics -- 4. Estimation and Identification -- 4.1. Identification -- 4.2. Estimation Method -- 4.3. Estimation Results -- 5. Inequality -- 5.1. Simulations and Lifetime Variables -- 5.2. Inequality Measures -- 5.3. Benchmark Model Results -- 5.4. Counterfactual Experiments Results -- 5.4.1. Labor Market Structure and Household Inequality -- 5.4.2. Decomposition of Gender Differentials in Inequality -- 6. Conclusions -- References -- Estimating the Intergenerational Elasticity and Rank Association in the United States: Overcoming the Current Limitations: Overcoming the currentlimitations of Taxdata -- 1. Introduction -- 2. Conceptual Issues -- 3. Measurement Issues and the Ideal Intergenerational Sample -- 3.1. Measurement Issues -- 3.2. Comparisons of Intergenerational Samples -- 3.3. Estimating the IGE when Children Have Zero Income -- 3.4. Estimating the IGE when Parents Have Zero Income -- 4. PSID Data -- 5. Results -- 5.1. IGE Estimates.
