Showing 1 - 10 of 1,442
This paper explores the relationship between technological change and inequality in the U.S. since the late 1960's. The analysis focuses primarily on studying patterns and trends in the dispersion of various distributions of earnings and income during this recent period of rapid technological...
Persistent link: https://www.econbiz.de/10012777308
Recent development of explicit theoretical and empirical earnings functions from life cycle human capital investment models increases the potential to explain existing earnings distributions and to predict changes in it. The purpose of this paper is to suggest how these earnings functions can be...
Persistent link: https://www.econbiz.de/10013219961
We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the analysis of micro data from several developing countries that underwent significant trade reforms in recent years. Despite many measurement and identification difficulties, and...
Persistent link: https://www.econbiz.de/10013223891
This paper examines the mobility of individuals through the wage and earnings distributions. This is of extreme importance since mobility has a direct implication for the way one views the vast changes in wage and earnings inequality in the United States over the last few decades. The measures...
Persistent link: https://www.econbiz.de/10013225932
We take advantage of our longitudinal data to explore individual variation in the parameters of individual earnings functions. (1) For this purpose we fit an earnings function to each of the individual histories in the sample.(2) We then try to ascertain the extent to which the estimated...
Persistent link: https://www.econbiz.de/10013226947
Recent years have witnessed increased interest in issues of inequality and mobility in the labor market. Using data from the Panel Study of Income Dynamics and the German Socio-Economic Panel, we compare the labor earnings mobility of prime age men and women in the United States and Germany...
Persistent link: https://www.econbiz.de/10013228241
Veterans of World War II are widely believed to earn more than nonveterans of the same age. Theoretical justifications for the World War II veteran premium include the subsidization of education and training, and preference for veterans in hiring. In this paper, we propose and test an...
Persistent link: https://www.econbiz.de/10013243640
We analyze how relative wage movements across birth cohorts and education groups during the 1980s affected the distribution of household consumption. The analysis integrates the labor economics literature on time variation in the wage structure with the consumption insurance literature. In...
Persistent link: https://www.econbiz.de/10013139905
The stability of the labor share is a key foundation in macroeconomic models. We document, however, that the global labor share has significantly declined over the last 30 years. This decline was associated with a significant increase in corporate saving, generally the largest component of...
Persistent link: https://www.econbiz.de/10013105000
This paper provides an introduction to the special issue of the Review of Economic Dynamics on "Cross Sectional Facts for Macroeconomists''. The issue documents, for nine countries, the level and the evolution, over time and over the life cycle, of several dimensions of economic inequality,...
Persistent link: https://www.econbiz.de/10013149990