Showing 1 - 5 of 5
This paper focuses on the estimation and testing of equivalence scales in the context of a demand system with nonline ar logarithmic expenditure effects in its budget-share equations. The authors show that such nonlinearity enables one to identify the scal es without demographic separability...
Persistent link: https://www.econbiz.de/10005072306
The UK National Minimum Wage (NMW) has had a minimal impact on UK wage inequality because it has been set at a modest level and because aggregate evidence suggests very small spill-over effects. But the small spill-over effects might be because of the small numbers of workers affected and...
Persistent link: https://www.econbiz.de/10005392762
I study the dynamic structure of male wages in Great Britain using the New Earnings Survey Panel from 1975-95. Computing auto-covariances of individual wages by cohort I find evidence of a permanent component of earnings that increases over the life cycle and a highly persistent, serially...
Persistent link: https://www.econbiz.de/10005393203
Child poverty rose sharply in Britain and the US in the period preceding the Blair and Clinton governments, so that over a third of children were in poverty in both countries. Demographic change, falls in work and increasing wage inequality all contributed to this rise in Britain, with benefit...
Persistent link: https://www.econbiz.de/10005570767
Persistent link: https://www.econbiz.de/10011031613