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Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibilit...
Using CPS data for the period 1979-2009, the wage dispersion of truck drivers (and subsets of the truck driving sample) is compared to the trends in wage dispersion of males economy-wide. We find that...
We live in an era of financial development. Since 1980, capital markets have expanded around the world; capital shuttles the globe instantaneously. Shareholder concerns drive executive decision mak...
A quarter of a century ago, the United States was the high unemployment economy of the “West” whereas Europe had much lower levels. Today, the position is reversed. Why should this have come about?...
This paper attempts to add to the understanding of the causes for the differing recent developments in inequality in OECD countries. The similarity of shocks and technological changes affecting these ...
Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increa...
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained...

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