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Sectoral Reallocation, Growth and Labor Income Inequality

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Author Info
Hernan J. Moscoso Boedo ()

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Abstract

This paper focuses on the transitory relationship between output level and Income inequality. As a result of either permanent or transitory sectoral technological shocks the economy will adjust to a new steady state equilibrium, but during the transition the dynamics of wages and workers will generate departures from the steady state level of income inequality.

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File URL: http://www.virginia.edu/economics/RePEc/vir/virpap/papers/virpap373.pdf
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Publisher Info
Paper provided by University of Virginia, Department of Economics in its series Virginia Economics Online Papers with number 373.

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Length: 33 pages
Date of creation: May 2006
Date of revision:
Handle: RePEc:vir:virpap:373

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Web page: http://www.virginia.edu/economics/home.html

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Related research
Keywords: inequality; productivity;

Find related papers by JEL classification:
E2 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment
J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

References listed on IDEAS
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  1. Merz, Monika, 1995. "Search in the labor market and the real business cycle," Journal of Monetary Economics, Elsevier, vol. 36(2), pages 269-300, November. [Downloadable!] (restricted)
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This page was last updated on 2009-10-23.

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