the post-tax income distribution in the US. First, all incomes are cyclical and co-move with the business cycle. Second …, lower and higher income individuals experience significantly larger fluctuations across the business cycle than middle-income … income individuals. With the financial crisis starting in 2009 and its repercussions, the volatilities are again increasing …

time periods. Using Michigan Panel Study of Income Dynamics data and a number of different identification strategies, we …

-cycle insurance impact is much smaller. At the mean, a positive hours shock of one standard deviation raises life-time income by 10 …

lower than male wages, what are the distributional consequences (disposable income) and what are the labor market effects … disposable income of households. This requires taking into account the distribution of working hours as well as the tax …-benefit system and other sources of household income. We present a methodological framework for deriving the gender wage gap in terms …

Germany. Although the reductionof income inequality and poverty were emphasized as policy goals of the of minimumwage …. Based on data from the German Socio-EconomicPanel we analyze changes in wage and income inequality, poverty, and … be an ineffective toolfor income redistribution. Increases at the bottom of the wage distribution do nottranslate into …

This paper empirically investigates the effects of changes in the interest rate as well as transitory income … significant effects of precautionary savings on the consumption-savings decision. As a result of a doubling of transitory income …

promote income. Using endogenous switching regression models, we show that local familial networks increase the income of …