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The study examines the reason for the significant increase in the ‘age premium’ over the period 1981-94. The age premium refers to the percentage difference in hourly earnings between ‘younger’ (25-34) and ‘older’ (45-54) workers. In 1994, the hourly rate of older males was 32.4%...
Persistent link: https://www.econbiz.de/10008685481
This paper investigates wage inequality and wage mobility in Turkey using the Surveys on Income and Living Conditions (SILC). This is the first paper that explores wage mobility for Turkey. It differs from the existing literature by providing analyses of wage inequality and wage mobility over...
Persistent link: https://www.econbiz.de/10011112668
Using the censuses of 2000 and 2010, we have noticed that the inequality of the household per capita income in the biggest Brazilian cities did not show a trend of reduction, differently from the whole country. Also, the inequality in those cities is substantially higher than the Brazilian. We...
Persistent link: https://www.econbiz.de/10011107436
Using the censuses of 2000 and 2010, we have noticed that the inequality of the household per capita income in the biggest Brazilian cities did not show a trend of reduction, differently from the whole country. Also, the inequality in those cities is substantially higher than the Brazilian. We...
Persistent link: https://www.econbiz.de/10011107755
This paper examines a two-period moral hazard model with an inequality-averse agent. We show how the agent's past performance will help the principal to relax incentive compatibility constraints and how the existence of an inequality aversion of the agent affects a level of wage in each period...
Persistent link: https://www.econbiz.de/10011113432
This paper considers a firm whose potential employees have private information on both their productivity and the extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their colleagues get more income net of production costs. Screening...
Persistent link: https://www.econbiz.de/10005785856
The hypothesis is that Pareto and Kaldor-Hicks Efficiency have an aspect of sustainability in relation to inequality. The analysis finds efficient situations reached increasing inequality as diminishing in the long term effective demand in a larger measure than counterbalancing increases thanks...
Persistent link: https://www.econbiz.de/10008540106
This paper considers a firm whose potential employees have private information on both their productivity and the extent of their fairness concerns. Fairness is modelled as inequity aversion, where fair-minded workers suffer if their colleagues get more income net of production costs. Screening...
Persistent link: https://www.econbiz.de/10005649802
It assesses the impact of the expansion of educational levels on the distribution of wages between 1970 and 1984 in Metropolitan Lima in Peru. For this purpose it uses a dynamic decomposition of the second Theil's concentration index using data from household surveys. The results suggest that...
Persistent link: https://www.econbiz.de/10008529203
The aim of this paper is to study in a comprehensive way and with the best and most updated information available the size, evolution, characteristics and welfare implications of low wages in Spain from 1994 to2004. In order to do so we have exploited in a consistent way the 8 waves of the...
Persistent link: https://www.econbiz.de/10005836695