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Using a dynamic panel approach, we provide empirical evidence that negative health shocks reduce earnings. The effect … health. We build a dynamic, general equilibrium, life cycle model that is consistent with these findings. In the model …, individuals whose health is risky and heterogeneous choose to either work, or not work and apply for social security disability …
Persistent link: https://www.econbiz.de/10012392392
The case of German reunification has been subject to extensive research on earnings inequality and labor market integration. however, little is known about the development of equality of opportunity (EOp) in East and West Germany after 1990.Using German micro data, we empirically analyze how...
Persistent link: https://www.econbiz.de/10011391647
This paper examines the importance of non-monetary dimensions of work in studies of inequality in total returns to work. Relying on the methodological advances in the field of multidimensional inequality and using the representative sample of Ukrainian industrial establishments over the period...
Persistent link: https://www.econbiz.de/10010381900
Relying on the present literature, official statistics, and household survey data in the People's Republic of China, this paper summarizes research findings on the relationship between urbanization, urban-rural inequality, and poverty, and provides further empirical evidence on the role of...
Persistent link: https://www.econbiz.de/10011522047
This paper presents a simple conceptual framework specifically tailored to measure individual perceptions of wage inequality. Using internationally comparable survey data, the empirical part of the paper documents that there is huge variation in inequality perceptions both across and within...
Persistent link: https://www.econbiz.de/10011408156
In this paper we analyze the behavioral consequences of transparent wage distributions on workers' motivation. We study a simple gift-exchange game with one principal and three agents in two different treatments. In the first treatment, agents are not informed about their co-workers' wages and...
Persistent link: https://www.econbiz.de/10012728738
Income inequality and political polarization have both increased dramatically in the United States over the last several decades. A small but growing literature has suggested that these two phenomena may be related and mutually reinforcing: income inequality leads to political polarization, and...
Persistent link: https://www.econbiz.de/10013017142
In the face of rising income inequality (Acemoglu & Autor, 2011; Atkinson, Piketty, & Saez, 2011; Piketty, 2014; World Economic Forum, 2014), one recent proposal is to provide consumers with information about the income inequality across those involved in the production of each good, at the point of...
Persistent link: https://www.econbiz.de/10012311925
In this paper, we use the World Income Inequality Database to assess the main trends in inequality within countries since around 1990. We cope with the heterogeneity in the original information (regarding the measure of resources, equivalence scale, etc.) by focusing on the trends rather than on...
Persistent link: https://www.econbiz.de/10012285431
This paper is an application of a new Shapley income decomposition methodology, in which we isolate two subjective factors in income differences - race and gender - that contribute to income inequality within the population of blacks and whites in the United States over the period 2005-2017. We...
Persistent link: https://www.econbiz.de/10012169318