Showing 1 - 10 of 291
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/10013193660
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 …
Persistent link: https://www.econbiz.de/10012215285
-cycle insurance impact is much smaller. At the mean, a positive hours shock of one standard deviation raises life-time income by 10 …
Persistent link: https://www.econbiz.de/10012145317
equivalent household income. Permanent and transitory variances of male income over the period 1984-2008 are estimated for Old … German Laender in order to determine their importance to income dynamics. To uncover the role of the welfare state in … smoothening earnings shocks we compute different income concepts reaching from gross earnings to net equivalent household income …
Persistent link: https://www.econbiz.de/10008664565
Union. In the first three chapters we address the micro level of individual life courses: education, employment and income …
Persistent link: https://www.econbiz.de/10010430026
This paper examines whether income transparency - the public release of citizens' income information - affects support … release income information on Finland's top earners to the public. To identify causal effects we compare respondents who took …
Persistent link: https://www.econbiz.de/10014229860
marital choices may be undergoing change. We expand the traditional dimension of assortative mating through labor income only …, covering both labor income and inheritance. This paper studies the concentration and substitutability of these two traits in … outcomes seen in France. By assuming a sequential revelation of inheritance and labor income in marital sorting, we develop a …
Persistent link: https://www.econbiz.de/10011874278
economic resources by applying an extended income approach. Combining survey data from the Socio-Economic Panel (SOEP) with … administrative data from the German Federal Statistical Office, extended disposable income inequality is found to be significantly … lower than disposable cash income inequality at the five percent level across all years. However, the extension does not …
Persistent link: https://www.econbiz.de/10011625627
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
This paper points to flaws in Gini decompositions by income sources and population subgroups and to common pitfalls in … this framework Gini elasticities may provide the only meaningful way to examine the relevance of income sources or … population subgroups for total income inequality. Moreover, we show that existing methods are unsuitable to decompose the trend …
Persistent link: https://www.econbiz.de/10010414242