We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is … shortages. The road to full employment is embedded in a landscape with less income inequality and more "greening" of EU member …

We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality … market shortages. The road to full employment is embedded in a landscape with less income inequality and more “greening” of …

The recent debate on trends in inequality in industrial countries has been marred by the lack of consensus about the … relevant concept of inequality. Labour economists are concerned with inequality in earnings, macroeconomists with movements in … the wage share, while policy-makers tend to focus on household income inequality. We provide a unifying framework to study …

of the above three variables. Labour market institutions hence affect income inequality, though the sign of their impact … is ambiguous. Stronger unions and/or a more generous unemployment benefit tend to reduce inequality through reduced wage … examine these effects. We find, first, that the labour share remains an important aspect of overall inequality patterns, and …

these effects. We find, first, that the labour share remains an important determinant of overall inequality patterns, and …, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital …-labour ratios also emerge as a strong equalising factor, which has in part offset the impact of increasing wage inequality on the US …

unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated …-faire economy (US), unemployment remains constant, but wage inequality increases more and productivity grows less due to larger …

unemployment, productivity growth and wage inequality. To show this, we construct two fictious economies with calibrated parameters … (US), unemployment remains constant, but wage inequality increases more and productivity grows less due to larger mismatch …

States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies …. In the laissez-faire economy (United States), unemployment remains constant, but wage inequality increases more and …

with the Joneses" (KUJ), while increasing use of social media and growing inequality encourage comparison. Models with one …