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In this article we characterize the evolution of inequality in hourly wages, hours of work, labor earnings, household … disposable income and household consumption for Spain between 1985 and 2000. We look at both the Encuesta Continua de … Presupuestos Familiares and the European Household Community Panel. Our analysis shows that inequality in individual net labor …
Persistent link: https://www.econbiz.de/10008506839
British Household Survey. …
Persistent link: https://www.econbiz.de/10005067349
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10005661588
-1961. To do so, the authors constructed a new dataset, the Italian Household Budgets Database (IHBD), consisting of 4 …
Persistent link: https://www.econbiz.de/10005661573
One way to understand the value of sporting ‘superstars’ is to examine the effect they have on match attendances and revenue. Arguably, the most famous sports star in Australia was Sir Donald Bradman, whose batting average has far exceeded that of any cricket players. This paper examines the...
Persistent link: https://www.econbiz.de/10004971394
) using sectoral accounts and newly available data from the Household Finance and Consumption Survey. The EA as a whole is a …, and Belgium and Malta being the largest losers. Governments are net winners of inflation, while the household (HH) sector …
Persistent link: https://www.econbiz.de/10011084690
informative data originating from administrative records. Using a matching estimator for multiple programmes, we find positive …
Persistent link: https://www.econbiz.de/10005666683
Hierarchies allow individuals to leverage their knowledge through others' time. This mechanism increases productivity and amplifies the impact of skill heterogeneity on earnings inequality. To quantify this effect, we analyze the earnings and organization of U.S. lawyers and use the equilibrium...
Persistent link: https://www.econbiz.de/10005136470
This paper presents a model in which firms and workers must engage in costly search to find a production partner. In this setting the skill, job and wage distributions and their evolutions are endogenized. The presence of search frictions implies that there are two redistributive forces in the...
Persistent link: https://www.econbiz.de/10005114138
A common critique of most measures of income inequality, which are based on a single year's income, is that they fail to take account of income mobility. If income fluctuations are large, and individuals can smooth consumption, then high inequality and high mobility may be no worse than low...
Persistent link: https://www.econbiz.de/10008511760