workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that … trade liberalization increases wage inequality both in the short run and in the long run. In the short run, wage inequality … is mainly driven by an increase in inter-sectoral wage inequality, while in the medium to long run, wage inequality is …

ensuing wage inequality. We consider several instruments of economic policy: a wage tax to redistribute income between skilled … and unskilled workers; sector-specific consumption taxes and profit taxes to affect inter-sectoral wage inequality; sector … instrument to reduce the wage inequality after trade liberalization are training subsidies. They increase the supply of skilled …

wage inequality widened relatively more between unskilled and skilled workers. The reasons for the persistence of … unemployment are discussed, the impact of the increasing unemployment and growing inequality in wage distribution on income …

This paper argues that previous cross-country (panel) studies on the relationship between income inequality and health …-country heterogeneity in the impact of inequality on health. Using panel cointegration techniques that are robust to omitted variables …, endogenous regressors, and slope heterogeneity, we find that income inequality has, on average, a small, but robust and …