A New Framework for the Analysis of Inequality
Flavio Cunha and
No 12505, NBER Working Papers from National Bureau of Economic Research, Inc
This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty and which components are due to components of human diversity that are forcastable by agents. Using our tools, we can determine how policies shift persons across sectors and outcome distributions across sectors.
JEL-codes: D80 I30 (search for similar items in EconPapers)
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Published as Cunha, Flavio & Heckman, James, 2008. "A New Framework For The Analysis Of Inequality," Macroeconomic Dynamics, Cambridge University Press, vol. 12(S2), pages 315-354, September.
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Journal Article: A NEW FRAMEWORK FOR THE ANALYSIS OF INEQUALITY (2008)
Working Paper: A New Framework for the Analysis of Inequality (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:12505
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