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Persistent link: https://www.econbiz.de/10005740887
This paper uses data from the Luxembourg Income Study to explore the role of differences in supply shifts in explaining cross-national differences in the rise in earnings inequality. Changes in returns to age and education are estimated for eight countries using a common specification of...
Persistent link: https://www.econbiz.de/10005697271
This paper presents a new method to correct for measurement error in wage data and applies this method to address an old question: How much downward wage flexibility is there in the United States? We apply standard methods developed by Bai and Perron to identify structural breaks in time series...
Persistent link: https://www.econbiz.de/10005557210
Measures of inequality and mobility based on self-reported earnings reflect attributes of both the joint distribution of earnings across time and the joint distribution of measurement error and earnings. While classical measurement error would increase measures of inequality and mobility, there...
Persistent link: https://www.econbiz.de/10008557190