Showing 1 - 10 of 276
financial wage premium in the distribution of income varies across advanced economies. We address this gap in the empirical … literature by examining the financial wage premium across the labor income distributions of 13 advanced economies since the 1980s … using harmonized labor force data from multiple waves of the Luxembourg Income Study. Consistent with prior studies, we find …
Persistent link: https://www.econbiz.de/10012887931
intensity" (RTI) and "offshorability" (OFFS) for use with the Luxembourg Income Study (LIS) Database. To produce these data, we … 38 LIS countries and 160 LIS country-years. To assess the validity of these recodes, we compare average labor-income … OFFS scores and advance the literature on income polarization, we analyze their association with work hours and labor …
Persistent link: https://www.econbiz.de/10011870295
This paper investigates the importance of heterogeneity in the labor earning shock processes. We analyze the earning shock process for both male and female workers in several countries. We argue that unlike time series analysis, in a life cycle model the forecasting horizon is finite and in...
Persistent link: https://www.econbiz.de/10011758398
Most methods for the analysis of distributional change rely on the changes in the income of a particular group of … standard against a richer group, thereby capturing a notion of change in relative income, which embodies the influence of … others' wellbeing on the judgment of the group's own situation. The indices, and related relative income change (RIC) curves …
Persistent link: https://www.econbiz.de/10011345748
Persistent link: https://www.econbiz.de/10002693067
Persistent link: https://www.econbiz.de/10002422731
measures. It finds that the main source of negative disposable incomes is negative self-employment income, and that high tax …, or even better, than other households in terms of material wellbeing. By contrast, zero-income households are found to be …
Persistent link: https://www.econbiz.de/10012228751
We estimate capital and labor income Pareto exponents across 348 country-year observations that span 51 countries over … half a century. We document two stylized facts: (i) capital income is more unequally distributed than labor income; namely … explain these findings, we build an incomplete market model with job ladders and capital income risk that gives rise to a …
Persistent link: https://www.econbiz.de/10012229031
. Using a novel harmonized dataset provided by the Luxembourg Income Study and the Economic Research Forum, we find evidence …
Persistent link: https://www.econbiz.de/10012229067
This chapter argues income and wealth are two paramount gradational measures of social stratification. The chapter … makes this case while reviewing recent social science on income and wealth. First, I begin by explaining how income and … wealth are essential for purchasing well-being. Second, I review the definition and measurement of income and wealth. This …
Persistent link: https://www.econbiz.de/10013338051