This paper analyses how increased offshoring impacts on labor income risk. It is therefore distinct from a large number … variability of incomes. It provides an assessment that directly connects labor income risk and offshoring trends in a panel … suggest that offshoring tends to lower permanent income risk. This effect is particularly strong for offshoring to low-income …

This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large … income risk. This effect is particularly strong for offshoring to low-income destinations. Hence, there could be potential … second moments, i.e. the variance of incomes. It provides an assessment that directly connects labor income risk and …

This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large … income risk. This effect is particularly strong for offshoring to low-income destinations. Hence, there could be potential … second moments, i.e. the variance of incomes. It provides an assessment that directly connects labor income risk and …

transitory income (e.g., from a stimulus check) is higher under non-Gaussian earnings risk. … idiosyncratic risk implied by the benchmark process is between two-to-four times higher than the canonical Gaussian one. Third, the … standard method in the literature for measuring the pass-through of income shocks to consumption—can significantly overstate …

normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …This paper documents earnings dynamics over the life-cycle and income level using a large administrative database from …, there is no evidence of an added-worker effect but government insurance and income pooling can mitigate the pass-through of …

response functions of earnings shocks and find important asymmetries: Positive shocks to high-income individuals are quite … transitory, whereas negative shocks are very persistent; the opposite is true for low-income individuals. Finally, we use these …

, we estimate nonparametric impulse response functions and find important asymmetries: positive changes for high-income … individuals are quite transitory, whereas negative ones are very persistent; the opposite is true for low-income individuals …

cyclicality of hourly wages is muted, suggesting that head's labor income risk is mainly coming from the volatility of hours …We investigate cyclicality of variance and skewness of household labor income risk using PSID data. There are five main … volatility of household labor income risk. Meanwhile, government taxes and transfers are found to mitigate the level and …

cyclicality of hourly wages is muted, suggesting that head's labor income risk is mainly coming from the volatility of hours …We investigate cyclicality of variance and skewness of household labor income risk using PSID data. There are five main … volatility of household labor income risk. Meanwhile, government taxes and transfers are found to mitigate the level and …