The Rise in Labor Inequality Is Grossly Overstated Because of Demographic Changes

Caviot: I think the rise in labor inequality is grossly overstated because of demographic changes. And as result, when we see that trend, it overstates the actual trend. But this point of view ignores the fact that there are so many other important determinants of inequality then our minasty. Se canicanee le: The focus on r minus g is might sort of involve throwing the baby with the bath water. He says if you take account of them, but think they're not, they're not a big deal.