Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267350 
Year of Publication: 
2022
Series/Report no.: 
IZA Discussion Papers No. 15613
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Thorough structural change occurs periodically across world economies. In a parsimonious overlapping generation setup with political economy, we present a novel result: structural change not only exacerbates the rise in inequality but also strengthens the preference for redistribution. Labor mobility frictions are instrumental in this mechanism.
Subjects: 
labor mobility frictions
structural change
redistribution
JEL: 
H10
Z1
Document Type: 
Working Paper

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