A new model of wage dispersion is used to examine welfare aspects of income taxation. The model retains the dynamics of wage posting models while exogenizing search e¤ort, therefore allowing more insight into policy issues. ...

In this paper we propose a metaheuristic to solve a new version of the Maximum Capture Problem. In the original MCP, market capture is obtained by lower traveling distances or lower traveling time, in this new version not ...

We show how, in general equilibrium models featuring increasing returns, imperfect competition and endogenous markups, changes in the scale of economic activity affect income distribution across factors. Whenever final ...

Argumento. La elaboración de indicadores no debe hacerse desde un prejuicio para justificar una acción de política pública y montar en su entorno una panoplia de indicadores seleccionables ad hoc. Tampoco debe elaborarse ...

Labor-saving technologies in agriculture cam foster structural transformation byre-leasing workers who find jobs in manufacturing. The traditional view is that factor reallocation towards manufacturing Generates innovation ...

We use CEX repeated cross-section data on consumption and income, to evaluate the nature of increased income inequality in the 1980s and 90s. We decompose unexpected changes in family income into transitory and permanent, ...