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earnings inequality without significant changes in within firm inequality. The estimated model fits the earnings distribution … inequality is largely due to the increase in her educational attainment over the same years. A simulation of skilled biased … technical change in the model also qualitatively fits the recent changes in earnings inequality in the United States. …
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Since the 1980s, the share of wages in national income declined almost all over the world. This paper provides an …
Persistent link: https://www.econbiz.de/10010349125
Lupu and Pontusson (2011) argue that the structure of income inequality, rather than its level, can explain differences … inequality, the concept of theoretical interest; and (c) there is no indication that skew in the distribution of incomes (rather … literature offers no support for the proposition that the structure of inequality has consequences for fiscal redistribution. …
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distribution of Italian wages during the 1970s and 1980s. The SM imposed large real wage increases at the bottom of the …
Persistent link: https://www.econbiz.de/10011308424
data from 1995 to 2016. Over time, firm- and employee-side labour market power, defined as the difference between wages and … marginal revenue products of labour (MRPL), increasingly moderated rising between-firm wage inequality. This is because small …, low-wage, low-MRPL firms possess no labour market power and pay wages equal to or even above their MRPL, whereas large …
Persistent link: https://www.econbiz.de/10012261228
data from 1995 to 2016. Over time, firm- and employee-side labour market power, defined as the difference between wages and … marginal revenue products of labour (MRPL), increasingly moderated rising between-firm wage inequality. This is because small …, low-wage, low-MRPL firms possess no labour market power and pay wages equal to or even above their MRPL, whereas large …
Persistent link: https://www.econbiz.de/10012261403
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