We propose a theory of how market power affects wage inequality. We ask how goods and labor market power jointly affect the level of wages, the Skill Premium, and wage inequality. We then use detailed microdata from the US Census between 1997 and 2016 to estimate the parameters of labor supply,...

This paper presents a simple conceptual framework intended for describing individuals' subjective evaluations of occupational wage inequality and their demand for redistribution. Most importantly, the framework explicitly allows for the distinction between individuals' perceptions and their...

The distribution of income lies at the intersection of states and markets, both influencing and responding to government policy. Reflecting this reality, increasing research focuses on the political origins of inequality in the U.S. However, the literature largely assumes — rather than tests...

Wage inequality is considered to have been quite compressed in socialist economies. In this paper I analyse how men's wage inequality has changed during the period of transition to a market economy in Serbia, a country which has experienced a particularly dramatic transition. Changes in the...

This paper presents a simple conceptual framework intended for describing individuals' subjective evaluations of occupational wage inequality and their demand for redistribution. Most importantly, the framework explicitly allows for the distinction between individuals' perceptions and their...

This paper links data on establishments and individuals to analyze the role of establishments in the increase in inequality that has become a central topic in economic analysis and policy debate. It decomposes changes in the variance of log earnings among individuals into the part due to changes...

Der Artikel untersucht die Lohnstruktur westdeutscher Arbeitnehmer von 1984 bis 2007 auf Basis des Sozio-oeconomischen Panels (SEOP). Bis Mitte der Neunziger Jahre war die Lohnstruktur stabil, ab 1995 steigt die Lohnungleichheit an, allerdings nur in der unteren Hälfte der Einkommensverteilung....

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...