The Income Channel to Labor-Market Polarization
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We study labor-market polarization by developing a framework with heterogeneous consumers, non-homothetic preferences, and endogenous labor supply a la Roy (1951). Because income-elastic sectors are intensive in high- and low-skilled occupations, shocks that raise either the average or the
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美国国家经济研究局创建时间：
2026-06-01
