inequality. We show that the correlation between mobility and inequality depends on which factor caused the change in inequality …. The model can thus help discriminate between different competing explanations of the recent rise in US wage inequality … correlation between wage inequality and mobility. Public subsidies to education reduce inequality, but the effect on mobility is …

greater than the concentration of labour income. To combat inequality, policy should be focused on wealth (in particular … with a role for capital income (dividends, capital gains, etc.). In the global financial crisis of 2008-09 inequality fell …, but has been stable since then. It is too soon to tell whether inequality will resume its rising trend as the economy …

use real wages. To understand the implications of this finding for changes in well-being inequality I use a simple general … increase in well-being inequality even if the increase in real wage inequality is limited. Alternatively, it is possible that … that the increase in well-being inequality between 1980 and 2000 is smaller than the increase in nominal wage inequality. …

evidence shows that labor institutions reduce the dispersion of earnings and income inequality, which alters incentives, but …