The Macroeconomic Implications of Rising Wage Inequality in the United States
NBER Working Paper No. 14052
---- Acknowledgements -----
We are grateful to Orazio Attanasio, Dirk Krueger and Fabrizio Perri for help with the CEX data, and to Greg Kaplan for outstanding research assistance. Heathcote and Violante thank the National Science Foundation (Grant SEP-0418029). The opinions expressed here are those of the authors and not necessarily those of the Board of Governors of the Federal Reserve System, its staff, or the National Bureau of Economic Research.