Showing 1 - 10 of 10
In many countries, the skilled labor market has lagged behind educational expansion. As a result of increased competition, younger cohorts of the highly educated face decreasing returns to education or overeducation. Surprisingly, decreasing occupational outcomes do not coincide empirically with...
Persistent link: https://www.econbiz.de/10012060318
Studying twelve countries over 30 years, we examine whether women's educational expansion has translated into a closing gender earnings gap. As educational attainment is cohortdependent, an Age-Period-Cohort analysis is most appropriate in our view. Using the Luxembourg Income Study (LIS) data,...
Persistent link: https://www.econbiz.de/10012060321
In comparative analysis, we know that shape of income distribution are variable and broadly related to typesf welfare capitalism. Here, we expand on the socio-economic regimes literature and show almost perfect similarity between varieties of capitalism (VoC) and varieties of distributions...
Persistent link: https://www.econbiz.de/10011725468
The living conditions and well-being of the middle class are traditionally considered an expression of how society is progressing. Yet growing inequality and the polarization of incomes observed in Western countries due to globalization, the recession and rapid technological change, is leading...
Persistent link: https://www.econbiz.de/10011725474
Over the last three decades, the wealth-to-income ratio (WIR) in many Western countries, particularly in Europe and North America, increased by a factor of two. This represents a defining empirical trend: a rewealthization (from the French repatrimonialisation) - or the comeback of (inherited)...
Persistent link: https://www.econbiz.de/10013467151
This paper uses age-period-cohort models to show that the living standards (total monetary incomes after public benefits and contributions, adjusted for household size and inflation) of successive birth cohorts in the United States and Germany are strongly correlated with general changes in...
Persistent link: https://www.econbiz.de/10011335814
The isograph methodology is developed here with associated distributions, indicators of inequality, additional results, and is implemented on 53 LIS countries (with an annex covering 655 LIS country-year samples). The gb2 and other classical distributions (FC, Dagum, SinghMaddala) are presented...
Persistent link: https://www.econbiz.de/10014477491
Inequality is anisotropic: its intensity is variable along the income scale. Therefore, to focus on local inequalities, a new representation, the isograph, is developed to figure their variations. This leads to the expression of three coefficients able to summarize the shape of inequalities: a...
Persistent link: https://www.econbiz.de/10010335475
This paper uses a new age period cohort model to show that among cohorts born between 1935 and 1975, cohorts born around 1950 are significantly above the income trend in most countries. However, such inequalities between generations are much stronger in conservative, continental European welfare...
Persistent link: https://www.econbiz.de/10010335492
The cohort sustainability of welfare regimes is of central importance to most long-term analyses of welfare state reforms (see for example: Esping-Andersen et al., 2002). A complement to these analyses shows that changes in intra versus inter cohort inequalities are major outcomes or...
Persistent link: https://www.econbiz.de/10010335573