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This paper investigates the importance of heterogeneity in the labor earning shock processes. We analyze the earning shock process for both male and female workers in several countries. We argue that unlike time series analysis, in a life cycle model the forecasting horizon is finite and in...
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Comparative sociologists have long considered occupations to be a key source of inequality. However, data constraints …
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recent decades have been: 1) Modest real wage growth; 2) Rising earnings inequality; and 3) Declining labor force …
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assortative mating to inequality in couple's potential earnings. Our results indicate a strong degree of assortative mating in …-year average earnings. We show that assortative mating tends to increase inequality among couples, compared to random mating. For … annual earnings, the effect is non-negligible and accounts for 3 to 9% of measured inequality. The effect of assortative …
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distribution of annual earnings in Germany. We find that cross‐sectional inequality rose until 2009 for men and women. After the … lower tail. We further document substantial gender differences in average earnings and inequality over the life cycle. While … for men earnings rise and inequality falls as they grow older, many women reduce working hours when starting a family such …
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