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Global Trends in Income Inequality and Income Dynamics : New Insights from GRID

Guvenen, Fatih; Pistaferri, Luigi; Violante, Giovanni L. - National Bureau of Economic Research - 2022

range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on …; it offers granular descriptions of income inequality and income dynamics for finely defined subpopulations; and it is … and presents a set of global trends in income inequality and income dynamics across the 13 countries that are currently in …

Persistent link: https://www.econbiz.de/10013388880

Meritocracy across Countries

Bandiera, Oriana; Kotia, Ananya; Lindenlaub, Ilse; … - National Bureau of Economic Research - 2024

Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences? Using internationally comparable data on worker skills and...

Persistent link: https://www.econbiz.de/10014528414

The Gender Pay Gap : Micro Sources and Macro Consequences

Morchio, Iacopo; Moser, Christian - National Bureau of Economic Research - 2024

Using linked employer-employee data from Brazil, we document a large gender pay gap due to women working at lower-paying employers with better nonpay attributes. To interpret these facts, we develop an equilibrium search model with endogenous firm pay, amenities, and hiring. We provide a...

Persistent link: https://www.econbiz.de/10014544687

A Tractable Income Process for Business Cycle Analysis

Guvenen, Fatih; McKay, Alisdair; Ryan, Conor B. - National Bureau of Economic Research - 2023

, (ii) volatile and procyclical skewness, (iii) very high kurtosis, and (iv) a moderate rise in cross-sectional inequality …

Persistent link: https://www.econbiz.de/10014226156

The Race Between Education, Technology, and Institutions

Vogel, Jonathan - National Bureau of Economic Research - 2022

I generalize the canonical model--in which relative supply and demand for worker skills shape the skill premium--incorporating monopsony power, minimum wages, and unemployment. I estimate the extended canonical model using national data and, separately, state-level data. I show that...

Persistent link: https://www.econbiz.de/10013334528

Trading Places : Mobility Responses of Native and Foreign-Born Adults to the China Trade Shock

Autor, David H.; Dorn, David; Hanson, Gordon H. - National Bureau of Economic Research - 2023

Previous research finds that the greater geographic mobility of foreign than native-born workers following economic shocks helps to facilitate local labor market adjustment to shifting regional economic conditions. We examine the role that immigration may have played in enabling U.S. commuting...

Persistent link: https://www.econbiz.de/10013537796

New Technologies and Jobs in Europe

Albanesi, Stefania; Silva, António Dias da; Jimeno, Juan F. - National Bureau of Economic Research - 2023

We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011- 2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased...

Persistent link: https://www.econbiz.de/10014322745

Sticky Wages on the Layoff Margin

Davis, Steven J.; Krolikowski, Pawel - National Bureau of Economic Research - 2023

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs, and one third would accept a 25 percent cut....

Persistent link: https://www.econbiz.de/10014337762

The Evolution of Work from Home

Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J. - National Bureau of Economic Research - 2023

Full days worked at home account for 28 percent of paid workdays among Americans 20-64 years old, as of mid 2023, according to the Survey of Working Arrangements and Attitudes. That's about four times the 2019 rate and ten times the rate in the mid-1990s that we estimate in time-use data. We...

Persistent link: https://www.econbiz.de/10014372443

Consumption Dynamics and Welfare Under Non-Gaussian Earnings Risk

Guvenen, Fatih; Ozkan, Serdar; Madera, Rocio - National Bureau of Economic Research - 2024

essentially matches the empirical lifetime earnings inequality--a first-order proxy for consumption inequality--whereas the …

Persistent link: https://www.econbiz.de/10014528338

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