Showing 1 - 10 of 334
There is by now a lot of evidence showing a sharp increase in cross-sectional wage and earnings inequality during the … to 2006, we do not find unambiguous empirical support for the frequent claims that recent increases in inequality have … been driven mainly by permanent disparities. From 1994 on, permanent inequality increases continuously, peaks in 2001 but …
Persistent link: https://www.econbiz.de/10003885106
persistence of transitory shocks and their implications for the persistence of poverty and income inequality. The results suggest … that 52 to 69 percent of income inequality in West Germany were due to permanent differences between individuals and that … to overall income inequality increased from 20 percent in 1990 to over 70 percent in 1998 and the persistence of poverty …
Persistent link: https://www.econbiz.de/10011436290
at the bottom of the wage distribution. Effects on wage inequality are limited because of non-compliance, difficulties in …. Overall inequality has even increased slightly as incomes of poor households grew below average. Affected households are not …
Persistent link: https://www.econbiz.de/10012014238
inequality indices when estimated from complex survey data. It turns out that this method also greatly simplifies the …
Persistent link: https://www.econbiz.de/10011438447
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income satisfaction will be developed. In contrast to other subjective approaches, the present one benefits from the fact that no direct cardinal individual welfare function has to be...
Persistent link: https://www.econbiz.de/10011433806
We link life-satisfaction data to inequality of the pre-government income distribution at the regional level, to … estimate the degree of inequality aversion. In addition, we investigate whether a reduction in inequality by the state … increases individual well-being. We find that Germans are inequality averse over the entire income distribution. However …
Persistent link: https://www.econbiz.de/10011436192
Based on a multiple spells approach, this paper studies the extent and the composition of chronic poverty in Germany. The results indicate that about one third of cross-sectional poverty in a given year is chronic. The characteristics that are most closely associated with long-term poverty are...
Persistent link: https://www.econbiz.de/10011438521
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
The wage curve introduced by Blanchflower and Oswald (1990, 1994) postulates a negative correlation between wages and unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on unionized bargaining or the efficiency wage...
Persistent link: https://www.econbiz.de/10011411665
We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous accumulation of human capital and intertemporal non- separabilities in preferences. Additionally, the model accounts for the effect of the tax and transfer system on work...
Persistent link: https://www.econbiz.de/10003824120