earnings inequality without significant changes in within firm inequality. The estimated model fits the earnings distribution … inequality is largely due to the increase in her educational attainment over the same years. A simulation of skilled biased … technical change in the model also qualitatively fits the recent changes in earnings inequality in the United States. …

for immigrants than for natives: a one percentage point increase in the unemployment rate is associated with a 0.61 and 0 …

information is inadequate to fully capture the evolution of inequality and the properties of earnings changes. We also study the …

Current studies addressing the rise in inequality confine themselves to country-level developments. This paper … delineates trends in earnings inequality and employment at the sectoral level for eight LIS countries between 1985-2005. Earnings … inequality mainly manifests itself within rather than between sectors. Yet, there is significant variation in the level of …

labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …. -- Sticky wages ; staggered Nash bargaining ; trend inflation ; unemployment ; search and matching …

Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they … understanding unemployment fluctuations. We show how the LS framework can be adapted to incorporate risk premia. We derive an … show how to use properties of the artificial economy to deduce how risk premia affect unemployment dynamics in the original …

picking up. Unemployment remained high and employment rates were low, especially among women, the young and older workers. The …