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Wage inequality in Portugal increased over the last quarter of century. The period from 1982 to 1995 witnessed strong … increases in both upper- and lower-tail inequality. A shortage of skills combined with skill-biased technological changes are at … the core of this evolution. Since 1995, lower-tail inequality decreased, while upper-tail inequality increased at a slower …
Persistent link: https://www.econbiz.de/10010269614
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that …
Persistent link: https://www.econbiz.de/10010290017
Persistent link: https://www.econbiz.de/10009664212
Persistent link: https://www.econbiz.de/10011741392
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10010280680
individual search specification implies gender differentials in lifetime utility inequality 74% larger. The results of our policy … experiments emphasize the importance of looking at lifetime utility inequality measures as opposed to simply cross-sectional wage … inequality measures. …
Persistent link: https://www.econbiz.de/10010289896
This article analyses the extent to which changes in household composition over the life course affect the gender division of labour. It identifies and analyses cross-country disparities between France, Italy, Sweden and United States, using most recent data available from the Time Use National...
Persistent link: https://www.econbiz.de/10010268115
We present comparable evidence on intergenerational earnings mobility for Denmark, Finland, Norway, the UK and the US, with a focus on the role of gender and marital status. We confirm that earnings mobility in the Nordic countries is typically greater than in the US and in the UK, but find...
Persistent link: https://www.econbiz.de/10010268289
The rise in per-capita labor over the last 30 years is difficult to explain in a standard macroeconomic model because rising wages of women should have lead to a large rise in husband's leisure. This paper argues that home production and bargaining are both essential for understanding these...
Persistent link: https://www.econbiz.de/10010268442
We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status. Measurement differences are netted out by using a harmonized empirical approach and comparable data sources. We find that own-wage...
Persistent link: https://www.econbiz.de/10010287662