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This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...
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A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We …
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We solve the problem of a social planner who seeks to minimize inequality via transfers with a fixed public budget in a …
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Constructing measures of post-tax income inequality that are consistent with national accounts requires the allocation …
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We present evidence on the role of the social environment for the development of gender differences in competitiveness and earnings expectations. First, we document that the gender gap in competitiveness and earnings expectations is more pronounced among adolescents with low socioeconomic status...
Persistent link: https://www.econbiz.de/10013190676
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades … distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the … Great Recession inequality continued to rise at a slower rate for men and fell slightly for women due to compression at the …
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