This paper analyzes the e ffect of regional income inequality within countries on individual life satisfaction. We use data from the World Values Survey (WVS) and the European Values Survey (EVS) containing approximately 97,000 observations from 1981-2008. Regional income inequality is measured...

We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks. The framework accommodates sectoral inputoutput linkages, arbitrary elasticities of factors and intermediates, and heterogeneous workers that endogenously choose to supply their...

Job polarization the rise in employment shares of high and low skill jobs at the expense of middle skill jobs occurred in the US not just recently, but also in the late nineteenth and early twentieth centuries. We argue that in each case polarization resulted from increased automation, and...