We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks … inequality and welfare up to first- and second order. Inequality arises in equilibrium due to a combination of changes in income …-improving policies can have strong effects on both welfare and inequality, but the impact is both quantitatively and qualitatively …

intermediates and intra-firm wage inequality. Our results show that intermediate input importers not only have a significant wage … for productivity and use trade costs as the instruments. We further investigate the mechanism of how importing … intermediates might contribute to both inter-firm and intra-firm wage inequality. Our evidence is consistent with three important …

intermediates and intra-firm wage inequality. Our results show that intermediate input importers not only have a significant wage … for productivity and use trade costs as the instruments. We further investigate the mechanism of how importing … intermediates might contribute to both inter-firm and intra-firm wage inequality. Our evidence is consistent with three important …

This study revisits the increase in wage inequality in Germany. Accounting for changes in various sets of observables …, composition changes explain a large part of the increase in wage inequality among full-time workers. The composition effects are …

This study revisits the increase in wage inequality in Germany. Accounting for changes in various sets of observables …, composition changes explain a large part of the increase in wage inequality among full-time workers. The composition effects are …