In this paper, I address the simple question "What types of employees have been steadily paid more by what type of employers?" and I suggest that rising market concentration has a significant structural impact on the wage differentials between white and blue-collar workers. The innovative...

The relationship between consumption inequality (between two groups) and market concentration has hitherto been absent from the literature. This paper argues that consumption dispersion between white-collar and blue-collar workers has caused increased market concentration in the USA in a direct...

The relationship between consumption inequality (between two groups) and market concentration has hitherto been absent from the literature. This paper argues that consumption dispersion between white-collar and blue-collar workers has caused increased market concentration in the USA in a direct...

The paper argues that wage dispersion between white-collar and blue-collar workers has caused the rise and expansion of pension funds in a direct and long-run structural manner in the USA. Using data from the Saez-Zucman and the St. Louis Fed's FRED datasets, the argument is empirically analysed...

In this paper, I address the simple question "What types of employees have been steadily paid more by what type of employers?" and I suggest that rising market concentration has a significant structural impact on the wage differentials between white and blue-collar workers. The innovative...

This study offers a unified explanation for the perplexing fact that the education premium rises more for low-experienced workers, while the experience premium increases mainly for low-educated labor. The interaction of signaling, employer learning and credit constraints resolves this puzzle....

This paper studies the long term consequences on workers' labour earnings of the credit crunch induced by the 2007-2008 financial crisis. We study the evolution of both employment and wages in a large sample of Italian workers followed for nine years after the start of the crisis. We rely on a...