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People gain utility from occupying a higher ranked position in the income distribution of the reference group. This paper investigates whether these gains depend on an individual's set of non-cognitive skills. Using the 2000-2008 waves of the German Socioeconomic Panel dataset (SOEP), a...
Persistent link: https://www.econbiz.de/10013107253
People gain utility from occupying a higher ranked position in the income distribution of the reference group. This paper investigates whether these gains depend on an individual's set of non-cognitive skills. Using the 2000-2008 waves of the German Socioeconomic Panel dataset (SOEP), a...
Persistent link: https://www.econbiz.de/10013108266
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This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10013146175
Since the late 1970s, wage inequality has increased strongly both in the U.S. and Germany but the trends have been … Germany. There is evidence for wage polarization in the U.S. in the 1990s, and the increase in wage inequality in Germany was … age, time, and cohort effects, we find a large role played by cohort effects in Germany, while we find only small cohort …
Persistent link: https://www.econbiz.de/10011823354