-born increased between 1970 and 1990, experienced a significant increase in their wage and in the rental price of their housing. Such …

. Subsequently, housing-price inequality has risen to pre-War levels, while rent inequality has risen less. Combining both measures …

contrast, because there is excess labor (involuntary unemployment) in equilibrium, efficiency wage models resemble models in … effects of wages are important but cannot clearly distinguish between the efficiency wage and market-clearing versions of …

The paper uses CPS data from 1964 to 1985 to test for the existence of rent-sharing in US tabor markets, Using an … consistent with rent-sharing theory (or a labor contract framework with risk-averse firms) and to be inconsistent with the … competitive labor market model. The paper estimates the unemployment elasticity of pay at approximately -0.03, and the profit …

“pass-through” business profit, which can include entrepreneurial labor income for tax reasons. This paper asks whether top … pass-through profit mostly reflects human capital, defined as all inalienable factors embodied in business owners, rather … than financial capital. Tax data linking 11 million firms to their owners show that top pass-through profit accrues to …

the provision of health insurance has influenced wage inequality. Finally, our results suggest there have been substantial …