monitor low?paid employees and the resulting changes in inequality and employment at the low end of the income distribution …. This paper addresses power biases and income inequality at the high end. Increasing firm?level financial volatility has …

, increased that for higher-paid employees, and led to an increase in income inequality. Thus, the more important aspects of new …

US earnings inequality has increased dramatically since the 1970s, and the prospect of a reversal depends on what …

'power-biased technical change' in this sense may generate rising inequality accompanied by an increase in both unemployment …

model to the Korean experience, we discuss the effects of the labor market reforms in 1998 on inequality. …

This paper analyzes the effects of the minimum wage on wage inequality, relative employment and over-education. We show … that over-education can be generated endogenously and that an increase in the minimum wage can raise both total and low …-skill employment, and produce a fall in inequality. Evidence from the US suggests that these theoretical results are empirically …

Using an efficiency wage model we show that over-education can be generated endogenously and that an increase in the … minimum wage can raise both total and low-skill employment, and produce a fall in inequality. Evidence from the US suggests … that these theoretical results are empirically relevant. The over-education rate has been increasing and our regression …