In this paper, we empirically assess the causal relationship between trade and individual income risk and study the … from 1976 to 2012. Our estimates suggest substantial heterogeneity in labor income risk across workers in different entry … exports (per worker) are strongly and causally related to income risk: Imports increase risk and exports decrease risk, and …

Public debates about the rise in top income shares often focus on the growing dispersion in earnings and the soaring … own explain the rise in top income shares? Are top executives replacing capital owners in the group of top-income earners … framework and uses it for exploring the changing composition of top incomes.It illustrates that changes in top income shares can …

Zeitverwendungserhebung, 2012-13, have sufficient observations to allow examining the theory of household production in much more detail than … ever before. We identify income effects on time use by non-workers, showing that relatively time-intensive commodities …—sleep and TV-watching—are inferior. For workers we identify income and substitution effects separately, with both in the same …

inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration …

The intergenerational elasticity of income is considered one of the best measures of the degree to which a society … the intergenerational elasticity of income. The model clarifies how the interaction between private and collective … elasticity of income are not particularly informative about fairness without taking into account differences in politico …