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In view of rising wage and income inequality, the introduction of a legal minimum wage has recently become an important … reducing income inequality, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10010269901
While the allocative efficiency of mobility is typically considered to be positive but small in the long run, the induced changes in equality may be considerable in size. In practice, however, migrants typically improve their income position in comparison to those at home, stimulate the economic...
Persistent link: https://www.econbiz.de/10010268747
inequality is permanent, the increase in growth appears to be permanent. However, our estimates imply that it would take 13 years …
Persistent link: https://www.econbiz.de/10010269773
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are … generated by purely selfish agents. But introducing inequality motivates more productive agents to exert higher efforts and help … disadvantageous inequality. Moreover, the more inequity averse the agents, the more inequality should be imposed even by an …
Persistent link: https://www.econbiz.de/10010278642
. All countries recording an increase in cross-sectional inequality recorded also a decrease in short-term mobility. Among … countries where inequality decreased, short-term mobility increased in Denmark, Spain, Ireland and UK, and decreased in Belgium …
Persistent link: https://www.econbiz.de/10010269400
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10010268676
ECHP. Understanding wage mobility and its link with the evolution of cross-sectional earnings inequality is important from … a welfare perspective, particularly given the large variety in national cross-sectional wage inequality. This is highly … the source of earnings variation? Did the increase in cross-sectional wage inequality observed in some countries result …
Persistent link: https://www.econbiz.de/10010268961
-national differences in the dynamic structure of earnings: in permanent inequality, transitory inequality and earnings mobility. Based on … ECHP, minimum distance estimator is used to decompose earnings inequality into the permanent and transitory components and … squares setting to estimate the relationship between permanent inequality, transitory inequality and earnings mobility, and …
Persistent link: https://www.econbiz.de/10010269145
comparative effects of cash transfers on inequality and poverty, using consistent household data. The analysis shows that the …
Persistent link: https://www.econbiz.de/10010262565
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into good and bad jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that this...
Persistent link: https://www.econbiz.de/10010276474