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This paper offers an explanation for some evidence that intergenerational earnings mobility is higher in more developed economies and that mobility is positively correlated with wage equality. In the model mobility promotes economic growth via its effect on the accumulation and allocation of...
Persistent link: https://www.econbiz.de/10014110938
This paper focuses on the correlation of labour market outcomes of parents and children and investigates whether education is an important factor in this correlation, allowing for its potential endogeneity. Based on the Household, Income and Labour Dynamics in Australia (HILDA) data, the...
Persistent link: https://www.econbiz.de/10013133384
Persistent link: https://www.econbiz.de/10001777192
Persistent link: https://www.econbiz.de/10001580621
that current fiscal policy is also intertemporally balanced provided that the favourable present employment situation lasts …-boomers' retirement. The improvement of employment has played an important role in this situation. We extend the standard generational … accounting methodology incorporating tax and transfer age profiles by employment status. This permits us to analyse the possible …
Persistent link: https://www.econbiz.de/10013320929
that current fiscal policy is also intertemporally balanced provided that the favourable present employment situation lasts …-boomers' retirement. The improvement of employment has played an important role in this situation. We extend the standard generational … accounting methodology incorporating tax and transfer age profiles by employment status. This permits us to analyse the possible …
Persistent link: https://www.econbiz.de/10001604049
that current fiscal policy is also intertemporally balanced provided that the favourable present employment situation lasts …-boomers' retirement. The improvement of employment has played an important role in this situation. We extend the standard generational … accounting methodology incorporating tax and transfer age profiles by employment status. This permits us to analyse the possible …
Persistent link: https://www.econbiz.de/10011401525
In this paper I investigate the causal relationship between labor market polarization and intergenerational mobility, two of the most important features of advanced labor markets in recent decades. The former relates to the disappearance of middle-wage routine jobs and the rise of both high- and...
Persistent link: https://www.econbiz.de/10013326554
Spain provides an extreme case of unemployment rate oscillations (8.3% in 2007, 26.1% in 2013, 19.6% in 2016) in … such groups of regions react differently to key drivers of employment and wage setting. We find that the low income (high … turn, the high income (low employment) ones are more sensitive to the wage-productivity gap, and thus to the strategy that …
Persistent link: https://www.econbiz.de/10011756109
We document a substantial positive correlation of employment status between mothers and their children in the United …. After controlling for ability, education and wealth, a one-year increase in a mother's employment is associated with six … weeks more employment of her child on average. The intergenerational transmission of maternal employment is stronger to …
Persistent link: https://www.econbiz.de/10012061132