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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 … Panel Survey (1991-2008) by decomposing stochastic idiosyncratic income into its transitory, persistent and fixed components …. We then estimate how income risk, measured by the variance and the skewness of the probability distribution of shocks to …
Persistent link: https://www.econbiz.de/10012872060
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The effects of labor income risk heterogeneity on the marginal propensity to consume
Savoia, Ettore - 2023
Using detailed micro-data, this paper documents that households with lower income risk (and higher income levels …) exhibit a higher Marginal Propensity to Consume (MPC) in response to transitory income shocks, all else being equal. This … designed to account for the empirically observed negative correlation between income levels and income risk. This interaction …
Persistent link: https://www.econbiz.de/10014482888
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Dissecting Between-Plant and Within-Plant Wage Dispersion - Evidence from Germany
Baumgarten, Daniel - 2019
Using rich linked employer-employee data for (West) Germany between 1996 and 2014, we analyze the most important drivers of the recent rise in German wage dispersion and pin down the relative contribution of plant and worker characteristics. Moreover, we separately investigate the drivers of...
Persistent link: https://www.econbiz.de/10012892230
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When the Minimum Wage Really Bites Hard : Impact on Top Earners and Skill Supply
Gregory, Terry - 2020
We investigate minimum wage spillovers by exploiting the first-time introduction of a minimum wage within a quasi-experiment in a context with an extraordinary large bite: the German roofing industry. We find positive wage spillovers for medium-skilled workers with wages just above the minimum...
Persistent link: https://www.econbiz.de/10012823558
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The Impact of Selection into the Labor Force on the Gender Wage Gap
Blau, Francine D.; Kahn, Lawrence M.; Boboshko, Nikolai; … - 2021
time periods. Using Michigan Panel Study of Income Dynamics data and a number of different identification strategies, we …
Persistent link: https://www.econbiz.de/10013224097
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The Gender Pay Gap Revisited with Big Data : Do Methodological Choices Matter?
Strittmatter, Anthony; Wunsch, Conny - 2021
The vast majority of existing studies that estimate the average unexplained gender pay gap use unnecessarily restrictive linear versions of the Blinder-Oaxaca decomposition. Using a notably rich and large data set of 1.7 million employees in Switzerland, we investigate how the methodological...
Persistent link: https://www.econbiz.de/10013243244
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Inter-industry wage differentials : how much does rent sharing matter?
Du Caju, Philip; Rycx, François; Tojerow, Ilan - 2009
This paper investigates inter-industry wage differentials in Belgium, taking advantage of access to a unique matched employer-employee data set covering all the years from 1999 to 2005. Findings show the existence of large wage differentials among workers with the same observed characteristics...
Persistent link: https://www.econbiz.de/10003963789
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Uncovering Gatsby Curves
St-Amant, Pier-AndréBouchard - 2020
Empirical findings suggest a positive correlation between inequality and social immobility, a phenomenon coined the Gatsby curve. However, complete explanations of the phenomenon have not yet been proposed. This paper answers two questions: What are Gatsby curves? When do they exist? We build a...
Persistent link: https://www.econbiz.de/10012842967
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Homeownership and portfolio choice over the generations
Paz Pardo, Gonzalo - 2021
reduction in homeownership across generations. Lower-income households find it harder to buy housing, and as a result accumulate …
Persistent link: https://www.econbiz.de/10012426310
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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 … German labor market and increasing labor supply. In the second part of the paper, we study the distribution of total income …
Persistent link: https://www.econbiz.de/10013298363