The doctrine of comparable worth rests on an assumption that each job possesses an inherent worth independent of the market forces of supply and demand. Implementation of comparable worth further requires that inherent job worth be measured with reasonable accuracy. This paper reports the...

We use balance sheet and National Income and Products Accounts (NIPA) data to calibrate factor shares in a model with three factors (land, labor, and capital) and three sectors (business, household, and government). These estimates are used in an overlapping generations model with land to study...