changes in the bargaining position for the development of income shares in the last decades is underestimated. This paper … presents a theoretical argument why collective bargaining power is a main determinant of workers’ share of income and how its … decline contributed to the severe changes in the distribution of income since the 1980s. In order to confirm this hypothesis …

Previous studies of recent U.S. trends in intergenerational income mobility have produced widely varying results … Income Dynamics, we generate more reliable estimates of the recent time-series variation in intergenerational mobility. Our …