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Much evidence suggests that having more education leads to higher earnings in the labor market. However, there is little evidence about whether having more education causes employees to experience lower earnings volatility or shelters them from the adverse effects of recessions. We use a large...
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This paper presents a methodology for comparing income rank volatility profiles over time and across distributions …
Persistent link: https://www.econbiz.de/10011747288
This paper builds on previous studies to uncover evidence suggesting that cyclical fluctuations in returns to schooling are determined by fluctuations in foreign demand, which tend to be positively correlated with returns to schooling. The effect of export fluctuations (driven by changes in...
Persistent link: https://www.econbiz.de/10012972334
This paper builds on previous studies to uncover evidence suggesting that cyclical fluctuations in returns to schooling are determined by fluctuations in foreign demand, which tend to be positively correlated with returns to schooling. The effec
Persistent link: https://www.econbiz.de/10012246552
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capital and labor incomes. This paper documents and explains changes in income volatility. Using a theoretical framework which … idiosyncratic component of income volatility has hardly changed over time. Third, crosssectional heterogeneity in the evolution of … relative income volatilities is substantial. If anything, the labor incomes of high- and low-skilled workers have become more …
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equivalent household income. Permanent and transitory variances of male income over the period 1984-2008 are estimated for Old … German Laender in order to determine their importance to income dynamics. To uncover the role of the welfare state in … smoothening earnings shocks we compute different income concepts reaching from gross earnings to net equivalent household income …
Persistent link: https://www.econbiz.de/10008664565