We study the evolution of income and wealth inequality in an economy undergoing endogenous structural change with imperfect labor mobility. Our economy features two sectors: services and manufacturing. With faster TFP growth in manufacturing, labor reallocates from manufacturing to services. This reallocation is slower due to labor mobility frictions, which in turn, raises relative wages in services. As a result, income inequality is higher. Moreover, we study the impact of structural change on wealth inequality. Its economic intuition is more ambiguous. On the one hand, increased income dispersion implies increased dispersion in the ability to accumulate wealth across individuals. On the other hand, younger workers who hold the least assets are the most mobile across sectors. Their incomes are improved, which boosts their savings, which works towards equalizing wealth distribution. The consequence of these changes can only be verified with a computational model. To this end, we construct an overlapping generations model with two sectors: manufacturing and services. Our model also features heterogeneous individuals. With our model, we are able to show how the structural change affected the evolution of income and wealth inequality in Poland as of 1990.

Three Polish Antarctic Geodynamical Expeditions in 1979/80, 1984/85 and 1987/88 undertook seismic investigations in West Antarctica. Seismic measurements, including multichannel seismic reflection and deep seismic soundings, were carried out in the region of the west coast of the Antarctic Peninsula, between Antarctic Sound and Adelaide Island, Bransfield Strait, South Shetland Islands and South Shetland Trench along several lines with a total length of about 5000 km. Selected crustal sections and one and two-dimensional models of the crust for this area are discussed in detail. The thickness of the crust ranges from 30-33 km in the South Shetland Islands to 38—45 km near the coast of the Antarctic Peninsula. The crustal structure beneath the through of Bransfield Strait is highly anomalous; a seismic discontinuity with velocities of 7.0—7.2 km/s was found at a depth of 10 to 15 km, and a second discontinuity with velocities of about 7.6 km/s was found at a depth of 20—25 km. A seismic inhomogeneity along the Deception-Penguin-Bridgeman volcanic line has also been found. A scheme for the geotectonic division and a geodynamical model of the area are discussed. On the base of all experimental seismic data, it will be possible to construct a continuous geotraverse from Elephant Island, across Bransfield Strait, up to Adelaide Island with a total length of about 1100 km. Crustal section and seismic models along the northern segment of the geotraverse from the King George Island to the Palmer Archipelago are discussed in detail here.