knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

model of the labor market where workers derive (dis-) utility from comparing their own wage with wages paid at other firms …. As social comparisons become more prevalent all workers are paid higher wages, the wage distribution becomes more equal …

A well-established stylised fact is that employer provided job-related training raises productivity and wages. Using UK … very effective in reducing inequality, measured as the distance between skilled and unskilled wages and incomes. …