One reason to be concerned about income inequality is the idea that people not only care about their own absolute …

We consider changes in the distribution of hourly compensation in Canada using confidential census data and the recent … increase. Changes in the composition of the workforce explain less than 25% of the rise in wage inequality. However …

In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize … is high. We develop an open economy model with incomplete financial markets to show that headline inflation targeting … headline inflation, assigns zero weight to import prices. …

employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation … ; matching models ; labor market search ; inflation persistence ; real wage rigidity …

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the … United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we …

distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment … and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …

Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality …, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense …

with the Joneses" (KUJ), while increasing use of social media and growing inequality encourage comparison. Models with one …

earnings inequality without significant changes in within firm inequality. The estimated model fits the earnings distribution … inequality is largely due to the increase in her educational attainment over the same years. A simulation of skilled biased … technical change in the model also qualitatively fits the recent changes in earnings inequality in the United States. …