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male wage inequality on her local marriage market - the more heterogeneous potential future mates are in terms of earnings …
Persistent link: https://www.econbiz.de/10010280747
We provide a common set of life-cycle earnings statistics using administrative data from the United States, Canada, Denmark and Sweden. Three qualitative patterns are common across countries: (1) the earnings distribution above the median fans out with age, (2) the extreme right tail of the...
Persistent link: https://www.econbiz.de/10012039330
This paper describes individuals' inequality perceptions, distributional norms, and redistributive preferences in a … inequality and redistribution. Not surprisingly, the effective level of redistribution (after tax-and-transfer inequality) is … objective dimension of inequality and redistribution are, at least partially, linked with individuals' political preferences and …
Persistent link: https://www.econbiz.de/10010316895
inequality over the life cycle and of the individual-level degree of consumption insurance against persistent earnings shocks …
Persistent link: https://www.econbiz.de/10012144204
In this paper, I first summarize how the US Earned Income Tax Credit (EITC) operates and describe the characteristics of recipients. I then discuss empirical work on the effects of the EITC on poverty and income distribution, and its effects on labor supply. Next, I discuss a few policy concerns...
Persistent link: https://www.econbiz.de/10010273965
The literature on public employment policies such as the job guarantee (JG) and the employer of last resort (ELR) often emphasizes their macroeconomic stabilization effects. But carefully designed and implemented policies like these can also have profound social transformative effects. In...
Persistent link: https://www.econbiz.de/10010286510
resource revenues on the labor market and income inequality in Norway compared to the other Nordic countries; the design of a …
Persistent link: https://www.econbiz.de/10011636632
enlarged the microsimulation model SESIM - originally developed at the Swedish Ministry of Finance - with modules that simulate …
Persistent link: https://www.econbiz.de/10010321560
New methodology for producing employment microsimulations is introduced, with a focus on farms and household nonfarm enterprises. Previous simulations have not dealt with the issue of reduced production in farm and nonfarm household enterprises when household members are placed in paid...
Persistent link: https://www.econbiz.de/10011784661
Using a VAR model of the American economy from 1984 to 2003, we find that, contrary to official claims, the Federal Reserve does not target inflation or react to inflation signals." Rather, the Fed reacts to the very real" signal sent by unemployment, in a way that suggests that a baseless fear...
Persistent link: https://www.econbiz.de/10010273826