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In this paper, we argue that wage volatility is a good proxy for wage inequality because of the strong and lagged …
Persistent link: https://www.econbiz.de/10014052120
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual …
Persistent link: https://www.econbiz.de/10011373215
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual …
Persistent link: https://www.econbiz.de/10011373904
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual …
Persistent link: https://www.econbiz.de/10011316360
monthly frequency of regular wage adjustments almost doubled, while the distribution of changes in regular wages morphed from …
Persistent link: https://www.econbiz.de/10012592395
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
Persistent link: https://www.econbiz.de/10012509643
Persistent link: https://www.econbiz.de/10010457415
Persistent link: https://www.econbiz.de/10003847721
standardized individual wages. In particular, a heteroskedastic autoregressive model with multiple individual fixed effects is … 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