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In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10009395461
A basic tenet of economic science is that productivity growth is the source of growth in real income per capita. But our results raise doubts by creating a direct link between macro productivity growth and the micro evolution of the income distribution. We show that over the entire period...
Persistent link: https://www.econbiz.de/10005089202
In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German unification (which happened politically in 1990 and in our...
Persistent link: https://www.econbiz.de/10005025631
We investigate the pattern of educational assortative mating, its evolution over time, and its impact on household … contribution of various factors to the distribution of household income. We find that educational assortative mating accounts for a … non-negligible part of the cross-sectional inequality in household income. However, changes in assortative mating over …
Persistent link: https://www.econbiz.de/10010796671
Has there been an increase in positive assortative mating? Does assortative mating contribute to household income …, assortative mating affects household income inequality. In particular, if matching in 2005 between husbands and wives had been …
Persistent link: https://www.econbiz.de/10010821896
As of 2004 California employed almost 30% of all foreign born workers in the U.S. and was the state with the largest percentage of immigrants in the labor force. It received a very large number of uneducated immigrants so that two thirds of workers with no schooling degree in California were...
Persistent link: https://www.econbiz.de/10005830621
We demonstrate a striking but previously unnoticed relationship between city size and the black-white wage gap, with the gap increasing by 2.5% for every million-person increase in urban population. We then look within cities and document that wages of blacks rise less with agglomeration in the...
Persistent link: https://www.econbiz.de/10010950796
Several recent studies have found that earnings inequality in Canada has grown considerably since the late 1970's. Using an extraordinary data base drawn from longitudinal income tax records, we decompose this growth in earnings inequality into its persistent and transitory components. We find...
Persistent link: https://www.econbiz.de/10005830329
follow the mapping suggested by the household budget constraint from individual wages to individual earnings, to household …
Persistent link: https://www.econbiz.de/10008614636
We document a large increase in the cyclicality of the incomes of high-income households, coinciding with the rise in their share of aggregate income. In the U.S., since top income shares began to rise rapidly in the early 1980s, incomes of those in the top 1 percent of the income distribution...
Persistent link: https://www.econbiz.de/10008756449