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Prior country case studies show substantial wage premiums in the financial sector contributes to growth of top incomes and wage inequality in a select group of advanced economies. However, while comparative studies show financialization exerts heterogenous effects on wage inequality across...
Persistent link: https://www.econbiz.de/10012887931
In many OECD countries, women are underrepresented in the highest status, highest paying positions and overrepresented in the lowest status, lowest paying positions. One potential reason for this inequity is the “motherhood penalty,” where women with children face more roadblocks in hiring...
Persistent link: https://www.econbiz.de/10012887998
We document the evolution of intergenerational income (IGI ) inequality, measured as the relative income between old and young individuals, using harmonised microdata from 42 countries at different stages of economic development. In the last 20 years, IGI inequality has increased (in favour of...
Persistent link: https://www.econbiz.de/10012888008
Cross-national studies of the impact of welfare states on gender inequality tend to overlook socioeconomic divisions among women. This paper challenges the implicit assumption that welfare states have uniform effects on the labour market attainments of all women, arguing that the impact of state...
Persistent link: https://www.econbiz.de/10008669279
With the current economic transformation, the widening gap between income and the accumulation of wealth becomes an important area of study. This study reviews wage differentials and a number of economic theories regarding wage determination and labor market incentives. To analyze the wage...
Persistent link: https://www.econbiz.de/10008669288
In the 2X2X2 Heckscher-Ohlin model there exists a one to one relation between relative good prices and relative factor prices. A change in the relative price of one good changes the relative price of the factor used intensively in the production of the good in the same direction. We review this...
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Fathers in many countries enjoy a wage premium as compared with childless men, but parenthood does not benefit all men equally. Income inequality among men has increased markedly since the 1970s, suggesting that differences among fathers have grown over time. Five waves of LIS data and...
Persistent link: https://www.econbiz.de/10010239907