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The economic security index: A new measure for research and policy analysis
Hacker, Jacob S.; Huber, Gregory Alain; Nichols, Austin; … - 2012
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting … for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against …
Persistent link: https://www.econbiz.de/10010289981
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Intergenerational earnings mobility in Japan among sons and daughters: Levels and trends
Lefranc, Arnaud; Ojima, Fumiaki; Yoshida, Takashi - 2012
This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between … Japanese Social Stratification and Mobility (SSM) surveys, collected between 1965 and 2005. Father's income is predicted on the … intergenerational income elasticity (IGE) for both sons and daughters, in Japan lies around .35, which is an intermediate value, by …
Persistent link: https://www.econbiz.de/10010291383
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Earnings Mobility in Argentina, Mexico, and Venezuela:Testing the Divergence of Earnings and theSymmetry of Mobility Hypotheses
Fields, Gary S.; Duval-Hernandez, Robert; Freije, Samuel; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This paper examines changes in individual earnings during positive and negative growthperiods in three Latin American economies: Argentina, Mexico, and Venezuela. We askwhether those individuals who start in the best economic position are those who experiencethe largest earnings gains or the...
Persistent link: https://www.econbiz.de/10005861360
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Earnings Over the Lifecycle:The Mincer Earnings Function and Its Applications
Polachek, Solomon W. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
In 1958 Jacob Mincer pioneered an important approach to understand how earnings aredistributed across the population. In the years since Mincer’s seminal work, he as well as hisstudents and colleagues extended the original human capital model, reaching importantconclusions about a whole array...
Persistent link: https://www.econbiz.de/10005861361
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The shift to services : a review of the literature
Schettkat, Ronald; Yocarini, Lara - 2003
The present paper provides an overview of literature on the shift to services. It follows the three dimensions of structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first looks at the ?classics?, however (Fisher (1935), Clark...
Persistent link: https://www.econbiz.de/10010261657
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From Severance Pay to Self-Insurance: Effects of Severance Payments Savings Accounts in Colombia
Kugler, Adriana D. - 2002
In 1990 Colombia replaced its traditional system of severance payments with a new system of severance payments savings accounts (SPSAs). Although severance payments often are justified on the grounds that they provide insurance against earnings loss, they also increase costs for employers and...
Persistent link: https://www.econbiz.de/10010262813
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The European Phillips curve: does the NAIRU exist?
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2003
This paper has two aims. First, it provides simple theoretical models that highlight two channels whereby monetary shocks have permanent real effects and the interactions between these channels. Second, it presents an empirical dynamic model, covering a panel of EU countries, and derives the...
Persistent link: https://www.econbiz.de/10010265404
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An anatomy of the Phillips curve
Snower, Dennis J.; Karanassou, Marika - 2002
The paper examines how the long-run inflation-unemployment tradeoff depends on the degree to which wage-price decisions are backward- versus forward-looking. When economic agents, facing time-contingent, staggered nominal contracts, have a positive rate of time preference, the current wage and...
Persistent link: https://www.econbiz.de/10010265572
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The wage curve reloaded
Blanchflower, David G.; Oswald, Andrew J. - 2005
This paper provides evidence for the existence of a wage curve - a micro-econometric association between the level of pay and the local unemployment rate - in modern U.S. data. Consistent with recent evidence from more than 40 other countries, the wage curve in the United States has a long-run...
Persistent link: https://www.econbiz.de/10010267487
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A reappraisal of the inflation-unemployment tradeoff
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2002
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth? describing the interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to staggered wage contracts with time discounting), the...
Persistent link: https://www.econbiz.de/10010276419