information on the evolution and riskiness of future wages that the econometrician may never hope to observe. Second, they allow … anticipated and unanticipated wage changes avoids the need of specifying instruments for the growth rate of wages, which is … than previous micro estimates. A parametric permanent innovation in wages impacts positively the rate of growth of labour …

and fi…nd strong evidence of smoothing of male’s and female’s permanent shocks to wages. Once family labor supply, assets …

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … emphasis on cross-country comparisons. Most, but not all, countries experienced substantial increases in wages and earnings …