We study the determinants of lifetime earnings (LE) inequality in the United States, for which differences in lifetime …

This paper quantifies the impact of borrowing constraints on consumption and earnings inequality in a life-cycle model … inference to estimate the model parameters, and show that wealth inequality causes both placement into lower-paying jobs as well …

for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation … in the world distribution of skills, slow-growing urbanization in developing countries and a rebound in income inequality …

We analyze inequality and mobility across generations in a dynastic economy. Nurture, in terms of bequests and the … nature affect mobility and the transmission of income inequality across generations, thus complementing the vast empirical …

substantially higher employment (all else equal), which in turn amplifies income inequality across couples. Using NLSY79, we … accumulation and implied wage growth. Inequality between couples is largely driven by the persistence in labor supply choices and …

This paper assesses regional inequality in contemporary urban China by predicting earningss for individual workers in … double, interpersonal inequality would decline by 40-50% and inter-provincial inequality would vanish. In all years …

as well, and according to many economists, variations in skill inequality can explain variations in wage inequality …

wage structure. The substantial rise in wage inequality in the U.S. since the late 1970s has been accompanied by a major …, contributing to the rise in overall wage inequality in the economy. Simple extensions of the basic framework allow us to study the …