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 …

In this study we argue that wage inequality and occupational mobility are intimately related. We are motivated by our …, calibrated to match the increase in occupational mobility, accounts for over 90% of the increase in wage inequality over the … period. A distinguishing feature of the theory is that it accounts for changes in within-group wage inequality and the …

This paper investigates international differences in wage inequality and skills and whether a compressed wage … in public welfare policy as the main policy recommendations to achieve higher employment (and higher wage inequality …