Showing 1 - 10 of 487
Persistent link: https://www.econbiz.de/10012487190
Persistent link: https://www.econbiz.de/10012213228
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
Persistent link: https://www.econbiz.de/10012486570
Persistent link: https://www.econbiz.de/10014565336
advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low … relative to their productivity and the effective cost of capital in low-complexity tasks. Minimum wages and other sources of … higher wages at the bottom make interior automation less likely. Starting with interior automation, a reduction in the cost …
Persistent link: https://www.econbiz.de/10014496402
As the importance of capital is resurging in rich countries, the dynamics of wealth inequality are being increasingly affected by inheritance distribution. The relative attraction derived from inherited wealth and acquired human capital in marital choices may be undergoing change. We expand the...
Persistent link: https://www.econbiz.de/10011874278
Persistent link: https://www.econbiz.de/10003468948
Persistent link: https://www.econbiz.de/10003526546
Persistent link: https://www.econbiz.de/10009153861