Showing 1 - 7 of 7
moments of the data over the life cycle. The key challenge for the model is to generate declining inequality in annual hours …-sectional inequality in labor supply and consumption, and may have quantitative relevance for analyses that exploit the intratemporal first …
Persistent link: https://www.econbiz.de/10011756849
We develop a new approach to the decomposition of income risk within a non- stationary model of intertemporal choice. The approach allows for changes in in- come risk over the life cycle and across the business cycle, allowing for mixtures of persistent and transitory components in the dynamic...
Persistent link: https://www.econbiz.de/10011756856
; it offers granular descriptions of income inequality and income dynamics for finely defined subpopulations; and it is de … and presents a set of global trends in income inequality and income dynamics across the 13 countries that are currently in …
Persistent link: https://www.econbiz.de/10014306231
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades … distribution of annual earnings in Germany. We find that cross‐sectional inequality rose until 2009 for men and women. After the … Great Recession, inequality continued to rise at a slower rate for men and fell slightly for women due to compression at the …
Persistent link: https://www.econbiz.de/10014306301
information is inadequate to fully capture the evolution of inequality and the properties of earnings changes as nonresponse is …
Persistent link: https://www.econbiz.de/10014306309
Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (Armed Forces Qualification Tests scores), and unobserved heterogeneity,...
Persistent link: https://www.econbiz.de/10011801771
This paper develops a dynamic model of schooling and occupational choices that incorporates personality traits, as measured by the "big five" traits. The model is estimated using the HILDA dataset from Australia. Personality traits are found to play an important role in explaining education and...
Persistent link: https://www.econbiz.de/10012202247