Sectoral Reallocation, Growth and Labor Income Inequality

This paper focuses on the transitory relationship between output level and Income inequality. As a result of either permanent or transitory sectoral technological shocks the economy will adjust to a new steady state equilibrium, but during the transition the dynamics of wages and workers will generate departures from the steady state level of income inequality.

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Year of publication:	2006-05
Authors:	Boedo, Hernan J. Moscoso
Institutions:	University of Virginia, Department of Economics
Subject:	inequality \| productivity

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Extent:	application/pdf
Series:	Virginia Economics Online Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	33 pages
Classification:	E2 - Consumption, Saving, Production, Employment, and Investment ; J3 - Wages, Compensation, and Labor Costs
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005802014