Myck, Michal; Ochmann, Richard R.; Qari, Salmai - 2021
There is by now a vast number of studies which document a sharp increase in cross-sectional wage inequality during the … 2000s. It is often assumed that this inequality is of a permanent nature which in turn is used as an argument calling for … inequality during the 2000s. Applying covariance structure models, we calculate the fraction of permanent and transitory wage and …