We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades … distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the … Great Recession inequality continued to rise at a slower rate for men and fell slightly for women due to compression at the …

We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the … nature affect mobility and the transmission of income inequality across generations, thus complementing the vast empirical …

generates small welfare gains. As the price of robots falls, inequality rises but the robot tax and its welfare impact become …

markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage …

employers. We also find that there is a positive, albeit quantitatively small, relationship between wage inequality and training … inequality in the UK. Motivated by the above, we explore whether policies to subsidise firms’ monetary cost of training can … improve earnings for the lower skilled and reduce inequality. We achieve this by developing a dynamic general equilibrium …

essentially matches the empirical lifetime earnings inequality—a first-order proxy for consumption inequality—whereas the …