We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth … inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …

marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new … reality by considering the spillover and dynamic effects of market power, especially on firm entry, innovation, and inequality …

inequality when workers are ex-ante equal, but their adaptability to new technologies is subject to stochastic factors that are … the demand for adaptable workers. In the model the rise in within-group inequality is mainly transitory, and is mirrored …