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There is a large literature on earnings and income volatility in labor economics, household finance, and macroeconomics …. One strand of that literature has studied whether individual earnings volatility has risen or fallen in the U.S. over the …. Using common specifications, measures of volatility, and other treatments of the data, the papers show almost uniformly a …
Persistent link: https://www.econbiz.de/10013307161
The possible existence of trends in volatility in the U.S. labor market has been an important issue in both labor … in earnings volatility at the individual level. Studies using the PSID have generally shown upward trends in volatility … estimates across different data sets, presents new estimates of trends in male earnings volatility in the U.S. from 1970 to 2016 …
Persistent link: https://www.econbiz.de/10013305926
volatility across a number of survey and administrative datasets, we conduct a new investigation of trends in male earnings … volatility from the 1980s to 2014 using data from the Survey of Income and Program Participation (SIPP) survey and the SIPP Gold … Standard File (SIPP GSF), which links the SIPP survey to administrative data on earnings. We find that the level of volatility …
Persistent link: https://www.econbiz.de/10013306318
We study a novel dataset compiled from archival records, which includes information on men's wages, union status, educational attainment, work history, and other background variables for several cities circa 1950. Such data are extremely rare for the early post-war period when U.S. unions were...
Persistent link: https://www.econbiz.de/10012953994
This paper examines the labor market status of older males in the era of industrialization, focusing on the question of how the extent of pressure toward retirement varied across different occupations, and how it changed over time. A comparison of hazard of retirement across occupations shows...
Persistent link: https://www.econbiz.de/10013248532
We provide empirical evidence on the dynamics effects of tax liability changes in the United States. We distinguish between surprise and anticipated tax changes using a timing-convention. We document that pre-announced but not yet implemented tax cuts give rise to contractions in output,...
Persistent link: https://www.econbiz.de/10013139130
Unconditional reduced form estimates of a conventional wage Phillips curve for the U.S. economy point to a decline in its slope coefficient in recent years, as well as a shrinking role of lagged price inflation in the determination of wage inflation. We provide estimates of a conditional wage...
Persistent link: https://www.econbiz.de/10012894405
In the 1980s the composition of immigrants to the U.S. shifted towards less-skilled workers. Around this time, real wages and employment of younger and less-educated U.S. workers fell. Some blame recent immigration shifts for the misfortunes of unskilled workers in the U.S. OLS estimates using...
Persistent link: https://www.econbiz.de/10012758439
We study whether current spending levels and public knowledge of them contribute to transatlantic differences in policy preferences by implementing parallel survey experiments in Germany and the United States. In both countries, support for increased education spending and teacher salaries falls...
Persistent link: https://www.econbiz.de/10012979764
This paper analyzes the extent to which education will be subsidized when the subsidy rate is determined by majority voting. The analysis takes place in a framework where education is a discrete decision and all individuals would like to obtain an education because of its effect on future...
Persistent link: https://www.econbiz.de/10013225949