This paper argues that labor supply elasticities encode information about the determinants of income inequality. In the … leisure. The paper shows that reduced-form labor supply elasticities allow one to isolate the components of income due to … productivities versus preferences in the United States. Estimates from the literature imply productivities drive most of income …

structural route of the past, through manufacturing, to higher income, but with appropriate investments, they can develop high …

filling in the roles vacated by the migrants. In contrast, the income effect dominates the impact of migration on the left …