In this paper, we empirically assess the causal relationship between trade and individual income risk and study the … from 1976 to 2012. Our estimates suggest substantial heterogeneity in labor income risk across workers in different entry … exports (per worker) are strongly and causally related to income risk: Imports increase risk and exports decrease risk, and …

underlying mechanisms of the intergenerational income mobility. By applying descriptive and structural decomposition methods, we … intergenerational income mobility in Germany, endowments account for solely 30 percent in the United States. Nonlinearities in the … transmission channels along the income distribution in the United States indicate that the endowment effect slightly decreases in …