Showing 1 - 10 of 1,524
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 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
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
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...
Persistent link: https://www.econbiz.de/10012145317
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
Survey. It is shown that within this period wage inequality has stabilised. Surprisingly, wage inequality is lower in the …
Persistent link: https://www.econbiz.de/10000625163
Persistent link: https://www.econbiz.de/10013428497
To obtain a more complete understanding of the persisting gender earnings gap in Germany, this paper investigates both the cross-sectional and biographical dimension of gender inequalities. Using an Oaxaca Blinder decomposition, we show that the gender gap in annual earnings is largely driven by...
Persistent link: https://www.econbiz.de/10012818222
. 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