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lower tail. We further document substantial gender differences in average earnings and inequality over the life-cycle. While …
Persistent link: https://www.econbiz.de/10012886897
differences in social mobility and persistence. -- equality of opportunity ; earnings inequality ; mobility ; circumstances …
Persistent link: https://www.econbiz.de/10009535094
Are the United States still a land of opportunity? We provide new insights on this question by invoking a novel measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity has increased by 77% over the time period 1983-2016....
Persistent link: https://www.econbiz.de/10013093036
inequality was indeed more due to changes of household structure and employment behavior rather than changes in wages. Moreover … household structure is widely neglected. Societal trends like a decline in birth rate and an increase in the risk of divorce … paper is to quantify the proportion of changing household structures in the increase in inequality. We find that the rise in …
Persistent link: https://www.econbiz.de/10008698414
increasing while, second, the average household size has been declining dramatically. The analysis of income distribution relies … on equivalence-weighted incomes which take into account household size. Therefore, there is an obvious link between these …
Persistent link: https://www.econbiz.de/10013094941
. Specifically, our approach combines different economic models estimated on firm- and household-level data: a VAR-model for output … the effect on the distribution of disposable household incomes turns progressive: the bottom two deciles actually gain …
Persistent link: https://www.econbiz.de/10012383744