Edited By Lorenzo Cappellari, Universita Cattolica Milano and IZASolomon W. Polachek, State University of New York at Binghamton and IZAKonstantinos Tatsiramos, University of Nottingham and IZA

• Inequality of Opportunity in Europe: Is There a Role for Institutions? - Daniele Checchi, Vito Peragine and Laura SerlengaHousehold Lifetime Inequality Estimates in the U.S. Labor Market - Luca Flabbi, James Mabli and Mauricio Salazar Estimating the Intergenerational Elasticity and Rank Association in The United States: Overcoming the Current Limitations of Tax Data - Bhashkar MazumderIncome Shocks or Insurance – What Determines Consumption Inequality? - Johannes Ludwig The Role of Establishments and the Concentration of Occupations in Wage Inequality - Elizabeth Weber Handwerker and James R. SpletzerInequality and Changes in Task Prices: Within and Between Occupation Effects - Nicole Fortin and Thomas Lemieux Intergenerational Transmission of Skills and Differences in Labor Market Outcomes for Blacks and Whites - Tsunao Okumura and Emiko UsuiThe College Wage Premium Over Time: Trends In Europe in the Last 15 Years - Elena CrivellaroRising Wage Inequality, Real Wage Stagnation and Unions - Stephen MachinIs There an Advantage to Working? The Relationship Between Maternal Employment and Intergenerational Mobility - Martha H. Stinson and Peter Gottschalk Does Income Inequality in Early Childhood Predict Self-Reported Health in Adulthood? A Cross-National Comparison of the United States and Great Britain - Richard V. Burkhauser, Markus H. Hahn, Dean R. Lillard and Roger Wilkins

Researchers from Europe, the US, Japan, and Australia present 11 essays on the causes and consequences of income inequality. They address how inequality is measured, the level of equal opportunities across countries, the role of education, the effect of changing occupational structure, the consequences of changing productivity within a firm, the role of stagnating average real wages, the decline of union membership, the effect of maternal labor supply on labor market outcomes of children, the contribution of intergenerational transmission of skills to the black/white earnings gap, and the link between income inequality and health.