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We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...
Persistent link: https://www.econbiz.de/10010325796
This paper focuses on the differences in earnings and labor force status of low-skilled prime age men in France, the United Kingdom, and the United States at the end of the 20th century, and their relation to the differences in wage dispersion. In the UK and the US, where the bottom of the wage...
Persistent link: https://www.econbiz.de/10010335418
The recent debate on trends in inequality in industrial countries has been marred by the lack of consensus about the relevant concept of inequality. Labour economists are concerned with inequality in earnings, macroeconomists with movements in the wage share, while policy-makers tend to focus on...
Persistent link: https://www.econbiz.de/10010335535
Fathers in many countries enjoy a wage premium as compared with childless men, but parenthood does not benefit all men equally. Income inequality among men has increased markedly since the 1970s, suggesting that differences among fathers have grown over time. Five waves of LIS data and...
Persistent link: https://www.econbiz.de/10010335548
This paper investigates wage gaps between part- and full-time women workers in six OECD countries in the mid-1990s. Using comparable micro-data from the Luxembourg Income Study (LIS), for Canada, Germany, Italy, Sweden, the UK, and the US, the paper first assesses crossnational variation in the...
Persistent link: https://www.econbiz.de/10010335593
Hourly wage differentials between part-time and full-time workers, using comparable microdata from LIS for the US, UK, Canada, and Australia are examined. Institutions and policies that contribute to different outcomes for part-time workers in these countries, and implications of these policies...
Persistent link: https://www.econbiz.de/10011652839
This paper uses cross-nationally comparable data from the Luxembourg Income Study (LIS) to analyze the patterns and consequences of part-time employment among women across five industrialized countries - Canada, Germany, Italy, the United Kingdom, and the United States - as of the middle 1990s....
Persistent link: https://www.econbiz.de/10011652949
The economics profession has made considerable progress in understanding the increase in wage inequality in the U.S. and the UK over the past several decades, but currently lacks a consensus on why inequality did not increase, or increased much less, in (continental) Europe over the same time...
Persistent link: https://www.econbiz.de/10011653022
Rising wage inequality in the U.S. and Britain and rising continental European unemployment have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the unskilled, combined with flexible wages in the Anglo-Saxon...
Persistent link: https://www.econbiz.de/10010266860
This paper examines the relationship between product demand and the pattern of rising skill premia and rising employment of skilled workers in the US and the UK since the 1980s. If more skilled workers demand more skill-intensive goods, then an increase in relative skill supply will also induce...
Persistent link: https://www.econbiz.de/10010269763