Showing 1 - 6 of 6
Our paper investigates the link between international outsourcing and wages utilising a large household panel and … outsourcing has had a marked impact on wages. Distinguishing three skill categories we find evidence that outsourcing reduced the … real wage for workers in the lowest skill categories by up to 1.8% while it increased real wages for high-skilled workers …
Persistent link: https://www.econbiz.de/10011439313
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 forprime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373904
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/10012160640
This paper documents the magnitude, pattern, and evolution of lifetime earnings inequality in Germany. Based on a large sample of earning biographies from social security records, we show that the intra-generational distribution of lifetime earnings of male workers has a Gini coefficient around...
Persistent link: https://www.econbiz.de/10009579694
' wages only. Findings for personality traits are more heterogeneous. There however is a robust wage penalty for an external … ; reciprocity ; wages …
Persistent link: https://www.econbiz.de/10003779655
the residual variance of wages by one standard deviation implies a reduction of the financial portfolio share by 3 …
Persistent link: https://www.econbiz.de/10012623685