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Markups, Labor Market Inequality and the Nature of Work

Kaplan, Greg - 2020

We demonstrate the importance of distinguishing between the traditional use of labor for production, versus alternative uses of labor for overhead, marketing and other expansionary activities, for studying the distribution of both factor income and labor income. We use our framework to assess...

Persistent link: https://www.econbiz.de/10012479324

When Inequality Matters for Macro and Macro Matters for Inequality

Ahn, SeHyoun - 2017

We develop an efficient and easy-to-use computational method for solving a wide class of general equilibrium heterogeneous agent models with aggregate shocks, together with an open source suite of codes that implement our algorithms in an easy-to-use toolbox. Our method extends standard...

Persistent link: https://www.econbiz.de/10012455187

Lifetime Incomes in the United States over Six Decades

Guvenen, Fatih - 2017

Using panel data on individual labor income histories from 1957 to 2013, we document two empirical facts about the distribution of lifetime income in the United States. First, from the cohort that entered the labor market in 1967 to the cohort that entered in 1983, median lifetime income of men...

Persistent link: https://www.econbiz.de/10012455310

Top Income Inequality in the 21st Century : Some Cautionary Notes

Guvenen, Fatih - 2017

We revisit recent empirical evidence about the rise in top income inequality in the United States, drawing attention to four key issues that we believe are critical for an informed discussion about changing inequality since 1980. Our goal is to inform researchers, policy makers, and journalists...

Persistent link: https://www.econbiz.de/10012455360

The Glass Ceiling and The Paper Floor : Gender Differences among Top Earners, 1981-2012

Guvenen, Fatih - 2014

We analyze changes in the gender structure at the top of the earnings distribution in the United States over the last 30 years using a 10% sample of individual earnings histories from the Social Security Administration. Despite making large inroads, females still constitute a small proportion of...

Persistent link: https://www.econbiz.de/10012458105

Abundance from Abroad : Migrant Income and Long-Run Economic Development

Khanna, Gaurav; Murathanoglu, Emir; Theoharides, Caroline; … - National Bureau of Economic Research - 2022

How does income from international migrant labor affect the long-run development of migrant-origin areas? We leverage the 1997 Asian Financial Crisis to identify exogenous changes in international migrant income across regions of the Philippines, derived from spatial variation in exposure to...

Persistent link: https://www.econbiz.de/10013172161

International Migration, Remittances, and Household Investment : Evidence from Philippine Migrants' Exchange Rate Shocks

Yang, Dean - 2006

peso leads to increases in household remittances received from overseas. The estimated elasticity of Philippine …-peso remittances with respect to the Philippine/foreign exchange rate is 0.60. These positive income shocks lead to enhanced human …

Persistent link: https://www.econbiz.de/10012466340

Directing Remittances to Education with Soft and Hard Commitments : Evidence from a Lab-in-the-field Experiment and New Product Take-up Among Filipino Migrants in Rome

De Arcangelis, Giuseppe - 2015

This paper tests how migrants' willingness to remit changes when given the ability to direct remittances to educational … commitment of simply labeling remittances as being for education, to the hard commitment of having funds directly paid to a … raises remittances by more than 15 percent. Adding the ability to directly send this funding to the school adds only a …

Persistent link: https://www.econbiz.de/10012457827

Remittance Responses to Temporary Discounts : A Field Experiment among Central American Migrants

Ambler, Kate - 2014

We study the impacts on remittances of offering migrants temporary discounts on remittance transaction fees. We … weeks after expiration of the discount. We find no evidence that the discounts cause migrants to shift remittances from … other remittance channels, or to send remittances on behalf of other migrants. These findings are consistent with naïveté on …

Persistent link: https://www.econbiz.de/10012458143

Channeling Remittances to Education : A Field Experiment Among Migrants from El Salvador

Ambler, Kate - 2014

We implement a randomized experiment offering Salvadoran migrants matching funds for educational remittances, which are … remittances …

Persistent link: https://www.econbiz.de/10012458404