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distribution of annual earnings in Germany. We find that cross‐sectional inequality rose until 2009 for men and women. After the … lower tail. We further document substantial gender differences in average earnings and inequality over the life cycle. While … for men earnings rise and inequality falls as they grow older, many women reduce working hours when starting a family such …
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There is a huge variation in the size of labor supply elasticities in the literature, which hampers policy analysis. While recent studies show that preference heterogeneity across countries explains little of this variation, we focus on two other important features: observation period and...
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