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We show that the discontinuity in the distribution of surveyed female income shares at the margin where a woman would …
Persistent link: https://www.econbiz.de/10012150733
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
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Persistent link: https://www.econbiz.de/10013346704
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
I study the life-cycle pattern of part-time employment and its impact on wage growth in female careers. I show that the part-time wage penalty consists of two essential components: i) a penalty for promotions and ii) a within-career-level wage penalty. Using dynamic structural modeling, I...
Persistent link: https://www.econbiz.de/10014492126
. Ignoring these selection effects can lead to biased expectations about the consequences of working part-time on wages … differences between full-time and part-time workers also predict large changes in hourly wages when a given worker switches …
Persistent link: https://www.econbiz.de/10014477358
. Ignoring these selection effects can lead to biased expectations about the consequences of working part-time on wages … differences between full-time and part-time workers also predict large changes in hourly wages when a given worker switches …
Persistent link: https://www.econbiz.de/10014088380
by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment … social assistance increases aggregate welfare. Income pooling in married households decreases the welfare value of social …
Persistent link: https://www.econbiz.de/10014286635
Heterogeneous-agent New Keynesian models with sticky nominal wages usually assume that wage-setting unions demand the … unions can demand different hours from different households, directly taking household heterogeneity into account. In this …, wages and inflation to monetary policy shocks becomes notably less pronounced. This attenuation reflects that hours worked …
Persistent link: https://www.econbiz.de/10014467926