Narrow search
Showing 1 - 10 of 3,801
Cover Image
The Costs of Job Displacement over the Business Cycle and Its Sources : Evidence from Germany
Schmieder, Johannes; Wachter, Till von; Heining, Jörg - National Bureau of Economic Research - 2022
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses...
Persistent link: https://www.econbiz.de/10013334381
Cover Image
One Cohort at a Time : A New Perspective on the Declining Gender Pay Gap
Arellano-Bover, Jaime; Bianchi, Nicola; Lattanzio, Salvatore - National Bureau of Economic Research - 2024
This paper studies the interaction between the decrease in the gender pay gap and the stagnation in the careers of younger workers, analyzing data from the United States, Italy, Canada, and the United Kingdom. We propose a model of the labor market in which a larger supply of older workers can...
Persistent link: https://www.econbiz.de/10014576641
Cover Image
More Unequal We Stand? : Inequality Dynamics in the United States 1967-2021
Heathcote, Jonathan; Perri, Fabrizio; Violante, Giovanni L. - National Bureau of Economic Research - 2023
Heathcote et al. (2010) conducted an empirical analysis of several dimensions of inequality in the United States over …, the gender wage gap has kept shrinking. Both individual- and household-level income inequality have continued to rise at … the top, while the cyclical component of inequality dominates dynamics below the median. Inequality in consumption …
Persistent link: https://www.econbiz.de/10014322873
Cover Image
Granular Income Inequality and Mobility using IDDA : Exploring Patterns across Race and Ethnicity
Kondo, Illenin O.; Rinz, Kevin; Gubbay, Natalie; … - National Bureau of Economic Research - 2024
We explore the evolution of income inequality and mobility in the U.S. for a large number of subnational groups defined … by race and ethnicity, using granular statistics describing income distributions, income mobility, and conditional income … find that income inequality and income growth patterns identified from administrative tax records differ in important ways …
Persistent link: https://www.econbiz.de/10014635672
Cover Image
Seniority
Kang, Dongik; Kimball, Miles S. - National Bureau of Economic Research - 2023
This paper studies the optimal wage structure of a firm with imperfect monitoring of worker effort. We find that when firms can commit to (implicit) long-term contracts, imperfect monitoring leads to optimal wage profiles that reflect worker seniority. We provide a precise measure of seniority...
Persistent link: https://www.econbiz.de/10014337796
Cover Image
Countries for Old Men : An Analysis of the Age Pay Gap
Bianchi, Nicola; Paradisi, Matteo - National Bureau of Economic Research - 2024
This study investigates the growing wage disparity between older and younger workers in high-income countries. We propose a conceptual framework of the labor market in which firms cannot change the contracts of older employees and cannot freely add higher-ranked positions to their organizations....
Persistent link: https://www.econbiz.de/10014528380
Cover Image
Regularization from Economic Constraints : A New Estimator for Marginal Emissions
Holland, Stephen P.; Mansur, Erin; Verdier, Valentin; … - National Bureau of Economic Research - 2024
Environmental policy is increasingly concerned with measuring emissions resulting from local changes to electricity consumption. These marginal emissions are challenging to measure because electricity grids encompass multiple locations and the information available to identify the effect of each...
Persistent link: https://www.econbiz.de/10014468265
Cover Image
An Empirical Framework For Matching With Imperfect Competition
Chan, Mons; Kroft, Kory; Mattana, Elena; Mourifié, Ismael - National Bureau of Economic Research - 2024
setting and two-sided heterogeneity in order to shed light on the sources of wage inequality. We provide a tractable … amenities and strategic interactions to equilibrium wage inequality. Using instrumental variables, we establish identification … main sources of wage inequality in Denmark …
Persistent link: https://www.econbiz.de/10014544771
Cover Image
Global Trends in Income Inequality and Income Dynamics : New Insights from GRID
Guvenen, Fatih; Pistaferri, Luigi; Violante, Giovanni L. - National Bureau of Economic Research - 2022
range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on …; it offers granular descriptions of income inequality and income dynamics for finely defined subpopulations; and it is … 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/10013388880
Cover Image
The Job Ladder : Inflation vs. Reallocation
Moscarini, Giuseppe; Postel-Vinay, Fabien - National Bureau of Economic Research - 2023
We introduce on-the-job search frictions in an otherwise standard monetary DSGE New-Keynesian model. Heterogeneity in productivity across jobs gives rise to a job ladder. Firms Bertrand-compete for employed workers according to the Sequential Auctions protocol of Postel-Vinay and Robin (2002)....
Persistent link: https://www.econbiz.de/10014322853