Hassler, John; Mora, Rodríguez; Vicente, José; Zeira, … - C.E.P.R. Discussion Papers - 2000
We use a general equilibrium OLG model to analyse the relation between intergenerational social mobility and wage … inequality. We show that the correlation between mobility and inequality depends on which factor caused the change in inequality …. Under reasonable assumptions, skill-biased technical change tends to increase upward mobility, thereby causing a positive …