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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
principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second … growth in the variance of residual wages over the first ten years of the worker's career are also the occupations with high …
Persistent link: https://www.econbiz.de/10003974544
conditions. The issue of wage arrears (unpaid wages or outstanding pay), which affects half of all employees, plays an important … role in the determination of wages. Studies, which do not account for wage arrears, overestimate the overall inter …
Persistent link: https://www.econbiz.de/10011436169
There is by now a lot of evidence showing a sharp increase in cross-sectional wage and earnings inequality during the 2000s in Germany. Our study is the first to decompose this cross-sectional variance into its permanent and transitory parts for years beyond 2000. Using data from the German...
Persistent link: https://www.econbiz.de/10003885106
differences. We contribute to this literature by exploring a different research question: if wages of women are systematically … lower than male wages, what are the distributional consequences (disposable income) and what are the labor market effects … (labor supply) of the wage gap? We demonstrate how the gender gap in gross hourly wages shows up in the distribution of …
Persistent link: https://www.econbiz.de/10010519518
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
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
. 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/10013493940
reduce in-work poverty? Previous literature on its distributional impact was either focused on earnings and hourly wages (e … descriptive ex-post evidence on the distributional implications of the German minimum wage on wages and disposable household … by the minimum wage based on pre-reform wages ignoring large job fluctuations and measurement error at the bottom of the …
Persistent link: https://www.econbiz.de/10012014238
To obtain a more complete understanding of the persisting gender earnings gap in Germany, this paper investigates both the cross-sectional and biographical dimension of gender inequalities. Using an Oaxaca Blinder decomposition, we show that the gender gap in annual earnings is largely driven by...
Persistent link: https://www.econbiz.de/10013164731