We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …

The vast literature on earnings inequality has so far largely ignored the role played by hours of work. This paper … inequality in hours worked as well as the correlation between the two. We use data for the US, the UK, France, and Germany over … the period 1991-2016 to examine the evolution of inequality in hours worked and of the correlation between individual …