wage to fall by around 10 percent relative to the country with the largest surplus (Japan). But the prevalence of nontraded … goods means that the real wage in Japan barely rises while the U.S. real wage falls by less than 1 percent. The geographic …

wage to fall by around 10 percent relative to the country with the largest surplus (Japan). But the prevalence of nontraded … goods means that the real wage in Japan barely rises while the U.S. real wage falls by less than 1 percent. The geographic …

wage to fall by around 10 percent relative to the country with the largest surplus (Japan). But the prevalence of nontraded … goods means that the real wage in Japan barely rises while the U.S. real wage falls by less than 1 percent. The geographic …

This paper compares the sources of income inequality in Japan and the United States. We exploit two longitudinal … household surveys to decompose the income inequality in both countries. For Japan, we use Keio Household Panel Survey data and … Japan (0.329), corroborating well-established previous findings. In a second step, we decompose the income inequality in …