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-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …
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In this paper we derive a structural measure for labor market density based on the Ellison and Glasear (1997) "Index for industry concentration". This labor market density measure serves as a proxy for the number of workers that can reach a certain work area within a reasonal amount of traveling...
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above the primary level is that the rich take up most education, so a subsidy would increase inequality. We show that there …, pre-tax income inequality decreases.We consider a Walrasian world with perfect capital and insurance markets. Hence, in …
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