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literature. We show that models based on different motives share many common predictions, making it difficult to implement truly …, as we explain below. Finally, the relationship between remittances and inequality appears to be non …-monotonic: remittances seem to decrease economic inequality in communities with a long migration tradition but to increase inequality within …
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Imperfect competition in labor markets can lead to efficiency losses and lower aggregate output. In this paper, we study whether differences in competitiveness of labor markets can help explain differences in GDP per capita across countries. We structurally estimate a model of oligopsony with...
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In the Global South economic mobility across generations or intergenerational economic mobility is in and of itself an important topic for research with consequences for policy. This 'Element' surveys the area, conceptually and empirically.
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In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …
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