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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 …
Persistent link: https://www.econbiz.de/10013193660
break. Using the correction, the paper confirms that the rise in wage inequality among full-time workers in West Germany …
Persistent link: https://www.econbiz.de/10012053325
We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income process by GMM for household data from the United States. We find countercyclical...
Persistent link: https://www.econbiz.de/10012215285
I propose a method to decompose changes in income inequality into the contributions of policy changes, wage rate … apply this method to decompose the increase in income inequality in Germany from 2002 to 2011, a period that saw tax … inequality reducing effect as measured by the Mean Log Deviation and the Gini coefficient. For the Gini, these effects are offset …
Persistent link: https://www.econbiz.de/10011568532
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...
Persistent link: https://www.econbiz.de/10011316360
. We find evidence that the overall inequality of earnings in Germany has been rising throughout the period due to both … higher permanent inequality and higher volatility. However, taking the welfare state and its institutions into account, we … find that net household income has remained fairly stable. -- Earnings Inequality ; Permanent Income Inequality …
Persistent link: https://www.econbiz.de/10008664565
The German apprenticeship training system is generally acknowledged to solve the youth unemployment problem prevalent in many European countries by providing on-the-job training that often leads into subsequent regular employment within the training firms. Little attention has been paid to those...
Persistent link: https://www.econbiz.de/10011620306
Persistent link: https://www.econbiz.de/10013428508
A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We …
Persistent link: https://www.econbiz.de/10010234179
Birth rates differ strongly across European states, https://madoc.bib.uni-mannheim.de/55902despite the deep economic harmonisation process related to European integration. This study uses large scale administrative data from France and Germany to analyse and directly compare fertility patterns...
Persistent link: https://www.econbiz.de/10012222196