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Earnings Dynamics in Germany
Pessoa, Ana Sofia - 2021
transitions between labor status or jobs, whereas for those at the top, earnings changes are mainly induced by wage rate growth …
Persistent link: https://www.econbiz.de/10013224084
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Cyclical Income Risk in Great Britain
Angelopoulos, Konstantinos - 2019
This paper establishes new evidence on the cyclical behaviour of household income risk in Great Britain and assesses the role of social insurance policy in mitigating against this risk. We address these issues using the British Household Panel Survey (1991-2008) by decomposing stochastic...
Persistent link: https://www.econbiz.de/10012872060
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Gender and education gaps in employment : new evidence for the EU
Gökten, Meryem; Heimberger, Philipp; Arsenev, Aleksandr; … - 2024
This paper analyses (age-adjusted) employment rates by gender and education. We find that malefemale gender gaps and high-low education gaps in employment vary markedly across European Union (EU) countries and regions, with larger gaps existing in Eastern and Southern Europe than in Nordic and...
Persistent link: https://www.econbiz.de/10014558979
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Income risk inequality : evidence from Spanish administrative records
Arellano, Manuel; Bonhomme, Stéphane; De Vera, Micole; … - 2021
In this paper we use administrative data from the social security to study income dynamics and income risk inequality in Spain between 2005 and 2018. We construct individual measures of income risk as functions of past employment history, income, and demographics. Focusing on males, we document...
Persistent link: https://www.econbiz.de/10012665300
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Inequality and Income Dynamics in Germany
Drechsel-Grau, Moritz; Peichl, Andreas; Schmieder, … - 2022
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades. Combining personal income tax and social security data allows us — for the first time — to offer a complete picture of the distribution of annual earnings in Germany. We find...
Persistent link: https://www.econbiz.de/10013298363
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Biased Expectations and Labor Market Outcomes : Evidence from German Survey Data and Implications for the East-West Wage Gap
Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2023
income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap …
Persistent link: https://www.econbiz.de/10014358858
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Short-Time Work and Precautionary Savings
Gehrke, Britta; Dengler, Thomas - 2022
In the Covid-19 crisis, most OECD countries have used short-time work (subsidized working time reductions) to preserve employment relationships. This paper studies whether short-time work can save jobs through stabilizing aggregate demand in recessions. First, we show that the consumption risk...
Persistent link: https://www.econbiz.de/10014079142
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Rigid wages, endogenous job : destruction, and destabilizing spirals
Jung, Euiyoung - 2021
Persistent link: https://www.econbiz.de/10012511936
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Reservation wages and the wage flexibility puzzle
Koenig, Felix; Manning, Alan; Petrongolo, Barbara - 2016
occasionally renegotiated. We argue that one source of the wage flexibility puzzles is plausibly the model for the determination of … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …
Persistent link: https://www.econbiz.de/10011446155
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Wage Risk and the Skill Premium
Slavík, Ctirad - 2020
, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill … premium. Intuitively, a rise in uninsured wage risk increases precautionary savings, thereby boosting capital accumulation … that the rise in wage risk observed between 1967 and 2010 increases the skill premium significantly. This finding is robust …
Persistent link: https://www.econbiz.de/10012824576