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To understand the degree of intergenerational mobility in the United States, and the differences between Americans and others, it is important to appreciate the workings and interaction of three fundamental institutions: the family, the market, and the state. But comparisons can also be...
Persistent link: https://www.econbiz.de/10011475187
Our analysis of intergenerational earnings mobility modifies the Becker-Tomes model to incorporate the intergenerational transmission of employers, which is predicted to increase the intergenerational elasticity of earnings. About 6% of young Canadian men have the same main employer as their...
Persistent link: https://www.econbiz.de/10013144694
This research compares the patterns of intergenerational income mobility between fathers and sons in Germany, Italy, Great Britain and the United States. It is one of the few studies that investigates more than one dimension of mobility. It also proposes a new way to construct the mobility...
Persistent link: https://www.econbiz.de/10014134758
This paper develops a multi-sectorial search and matching model with endogenous occupational choice in a context of structural change. Our objective is to shed light on the way labor market institutions affect aggregate employment, job polarization and inequalities observed in the US and in...
Persistent link: https://www.econbiz.de/10011438027
Using individual-level data for 30 European countries between 1983 and 2019, we document the extent and earning consequences of workers’ reallocation across occupations and industries and how these outcomes vary with individual-level characteristics, namely (i) education, (ii) gender, and...
Persistent link: https://www.econbiz.de/10014030478
Blank considers how the flexibility of U.S. labor markets and the regulation and redistribution policies of European labor markets may determine employers' responses to worldwide economic transformations that result in increasing wage disparity in the United States and continuing high...
Persistent link: https://www.econbiz.de/10014216590
We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock...
Persistent link: https://www.econbiz.de/10013295139
It has been shown that a person's relative income - compared to a reference group - has a negative impact on self-reported happiness. This suggests that people who aim at increasing their happiness should try to find a better-paid job if their relative income is low. In this paper we study this...
Persistent link: https://www.econbiz.de/10011530541
Job mobility offers opportunities for workers to obtain wage increases, but returns to job changes differ considerably. We argue that parts of this inequality result from a trade-off between occupational and regional mobility. Both mobility types offer alternative strategies to improve one's...
Persistent link: https://www.econbiz.de/10010503907
This paper provides comprehensive cross-country evidence on the relationship between earnings inequality and intra-generational mobility by simulating individual earnings and employment trajectories in the long-term using short panel data for 24 OECD countries. On average across countries, about...
Persistent link: https://www.econbiz.de/10011452702