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Much has been written about the relationship between economic growth and aggregate inequality in recent years. In this paper we extend this literature by examining whether economic growth affects, not the level, but rather the nature of inequality. To do this we focus on the Irish economy which...
Persistent link: https://www.econbiz.de/10005656692
C13, C26, I14 </AbstractSection> Copyright O’Neill and Sweetman; licensee Springer. 2013
Persistent link: https://www.econbiz.de/10010993750
In this article, we discuss generalized method of moments estimation of the covariance structure of longitudinal data on earnings, and we introduce and illustrate a Stata program that facilitates the implementation of the generalized method of moments approach in this context. The program,...
Persistent link: https://www.econbiz.de/10011002422
In recent years there has been a rapid growth in the number of studies that have used the GMM estimator to decompose the earnings covariance structure into its permanent and transitory parts. Using a heterogeneous growth model of earnings, we consider the performance of the estimator in this...
Persistent link: https://www.econbiz.de/10010989190
This paper examines the consequences of specification error when transition matrices are used to analyse patterns of intergenerational mobility. We show that classical measurement error in both the child’s and parent’s earnings can lead to biased results, with summary mobility measures...
Persistent link: https://www.econbiz.de/10005711615