policy programs and their impact on labor market outcomes, inequality, and poverty. The paper illustrates the model …

productivity growth, a rise in income inequality, and public policy. The model can account for a 2.2 percentage point (pp) decline … in r* between 1975 and 2015, which is within the range of empirical estimates. Rising income inequality is an important … most of the decline. Growing public debt is the major counteracting force (+0.31 pp). Permanent income inequality is of …

This paper documents that inequality in labor earnings increased substantially during the economic transition in Poland …. One surprising result is that earnings inequality increased markedly in both the private and public sectors, indicating … increased sharply, while experience premia declined. Increases in within-group inequality account for about 60 percent of the …