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What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?

Guvenen, Fatih; Song, Jae; Karahan, Fatih; Ozkan, Serdar - National Bureau of Economic Research (NBER) - 2015

We study the evolution of individual labor earnings over the life cycle using a large panel data set of earnings histories drawn from U.S. administrative records. Using fully nonparametric methods, our analysis reaches two broad conclusions. First, earnings shocks display substantial deviations...

Persistent link: https://www.econbiz.de/10011159892

The Power of Inclusive Labor Force Participation for Mitigating Population Aging : Closing Gaps at the Intersection Between Race/Ethnicity and Gender in the United States

Böheim, René; Horvath, Gerard Thomas; Leoni, Thomas; … - National Bureau of Economic Research - 2024

race/ethnicity and gender into account. We contrast policy scenarios and show the potential impact that closing the gaps in … equalization of participation rates for individuals with similar characteristics. Closing gender gaps within ethno-racial groups …

Persistent link: https://www.econbiz.de/10014576619

The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees

Fossen, Frank M.; Büttner, Tobias J.M. - In: Economics of Education Review 37 (2013) C, pp. 66-84

employment options. We expect differences in the returns to education between these groups due to different levels of control …

Persistent link: https://www.econbiz.de/10011049058

The Nature of Countercyclical Income Risk

Guvenen, Fatih; Song, Jae; Ozkan, Serdar - National Bureau of Economic Research (NBER) - 2012

This paper studies the cyclical nature of individual income risk using a confidential dataset from the U.S. Social Security Administration, which contains (uncapped) earnings histories for millions of individuals. The base sample is a nationally representative panel containing 10 percent of all...

Persistent link: https://www.econbiz.de/10011271386

Inequality and income dynamics in Germany

Schmieder, Johannes; Schmid, Kai D.; Drechsel-Grau, Moritz - 2022

Persistent link: https://www.econbiz.de/10012887500

Macroeconomics with heterogeneity : a practical guide

Guvenen, Fatih - 2011

Persistent link: https://www.econbiz.de/10009409500

Information frictions among firms and households

Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2021

Persistent link: https://www.econbiz.de/10012521628

Accounting for labor demand effects in structural labor supply models

Peichl, Andreas; Siegloch, Sebastian - In: Labour Economics 19 (2012) 1, pp. 129-138

When assessing the effects of policy reforms on the labor market, most studies only focus on labor supply. The interaction of supply and demand is not explicitly modeled, which might lead to biased estimates of potential labor market outcomes. This paper proposes a straightforward method to...

Persistent link: https://www.econbiz.de/10010740157

Distributional Consequences of Labor Demand Adjustments to a Downturn: A Model-Based Approach with Application to Germany 2008-09

Immervoll, Herwig; Bargain, Olivier; Peichl, Andreas; … - Directorate for Employment, Labour and Social Affairs … - 2010

Macro-level changes can have substantial effects on the distribution of resources at the household level. While it is … and predict the effects of output shocks at a disaggregated level. The predicted employment effects are then transposed to … household-level micro data, in order to analyze the incidence of rising unemployment and reduced working hours on poverty and …

Persistent link: https://www.econbiz.de/10008672219

Flat-rate tax systems and their effect on labor markets : despite their theoretical benefits, flat taxes have been tried only in a few formerly socialist countries

Peichl, Andreas - 2014

The potential economic outcomes resulting from a flat rate of income tax have been the subject of an ongoing academic and political debate. Many observers have suggested that the introduction of a flat tax would be beneficial for a country's economy, having a positive influence on the labor...

Persistent link: https://www.econbiz.de/10011419413