Heterogeneity, Wage Inequality, Unemployment, and Economic Growth

该项目将提供关于工资不平等、失业和经济增长的第一个内部一致的理论，以及政府政策变量在决定这些因素中所起的作用。它将利用和扩展理论上的前沿发展，并确定政策变量(失业保险、税收结构、教育政策)的设置，以最大化社会福利，因为政府必须满足预算限制。它还旨在揭示工人与生俱来的能力与他们的教育选择之间的关系--以及对宏观经济和公共政策的影响。

This project would provide the first internally consistent theory of wage inequality, unemployment and economic growth - and the roles that government policy variables play in determining them. It would use and extend frontier developments in theory, and identify the settings of policy variables (unemployment insurance, tax structures, education policies) that maximise social welfare, given that governments must satisfy their budget constraints. It also aims to uncover the relationship between the innate abilities of workers and their education choices - and the consequences for macro economies and public policy.