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The evolution of the earnings distribution in a volatile economy : evidence from Argentina
Blanco, Andres; Diaz de Astarloa, Bernardo; Drenik, Andres - 2021
This paper studies earnings inequality and dynamics in Argentina between 1996 and 2015. Following the 2001-2002 crisis, the Argentine economy transitioned from a low- to a highinflation regime. At the same time, the number of collective bargaining agreements increased, and minimum wage...
Persistent link: https://www.econbiz.de/10012592395
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The dynamics of earnings in Germany : evidence from social security records
Bönke, Timm; Giesecke, Matthias; Lüthen, Holger - 2015
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373215
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The dynamics of earnings in Germany : evidence from social security records
Bönke, Timm; Giesecke, Matthias; Lüthen, Holger - 2015
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373904
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The dynamics of earnings in Germany : evidence from social security records
Bönke, Timm; Giesecke, Matthias; Lüthen, Holger - 2015
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011316360
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Modeling Wage Inequality in the U.S. As Conditional Variation : A Time Series Approach
Stevans, Lonnie K. - 2001
In this paper, we argue that wage volatility is a good proxy for wage inequality because of the strong and lagged correlation between the two. For seven industry categories, inequality is modeled as a conditional variance process over the period 1964-1988. It is modified to allow for explanatory...
Persistent link: https://www.econbiz.de/10014052120
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Modelling heterogeneity and dynamics in the volatility of individual wages
Hospido, Laura - 2010
proposed. The expression for a modified likelihood function is obtained for estimation and inference in a fixed-T context …. Using a bias-corrected likelihood approach makes it possible to reduce the estimation bias to a term of order 1/T². The …
Persistent link: https://www.econbiz.de/10003936729
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Modelling Heterogeneity and Dynamics in the Volatility of Individual Wages
Hospido, Laura - 2010
proposed. The expression for a modified likelihood function is obtained for estimation and inference in a fixed-T context …. Using a bias-corrected likelihood approach makes it possible to reduce the estimation bias to a term of order 1/Tﾲ. The …
Persistent link: https://www.econbiz.de/10013148328
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Modelling Heterogeneity and Dynamics in the Volatility of Individual Wages
Hospido, Laura - 2007
modified likelihood function for estimation and inference in a fixed-T context. Using a newly developed bias …-corrected likelihood approach makes it possible to reduce the estimation bias to a term of order 1 over T squared. The small sample …
Persistent link: https://www.econbiz.de/10014221823
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The evolution of the earnings distribution in a volatile economy : evidence from Argentina
Blanco, Andres; Diaz de Astarloa, Bernardo; Drenik, Andres - In: Quantitative economics : QE ; journal of the … 13 (2022) 4, pp. 1361-1403
This paper studies earnings inequality and dynamics in Argentina between 1996 and 2015. Following the 2001–2002 crisis, the Argentine economy transitioned from a low‐ to a high‐inflation regime, while collective bargaining and the minimum wage gained influence. This transition was...
Persistent link: https://www.econbiz.de/10014306240
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Decreasing wage mobility in Germany
Gernandt, Johannes - 2009
Using data from the German Socio Economic Panel (SOEP) for the years 1984 to 2007, this paper analyses the amount, the development and the explanations of wage mobility, as well as volatility in West Germany, measured by ranks in the wage distribution. Individual wage mobility decreased between...
Persistent link: https://www.econbiz.de/10003875240