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Wage risk, employment risk and the rise in wage inequality
Mecikovsky, Ariel Matias; Wellschmied, Felix - 2016
We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...
Persistent link: https://www.econbiz.de/10011595910
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Wage risk, employment risk and the rise in wage inequality
Mecikovsky, Ariel Matias; Wellschmied, Felix - In: Essays on the macroeconomic consequences of …, (pp. 73-123). 2017
Persistent link: https://www.econbiz.de/10011719235
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Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion
Heathcote, Jonathan; Storesletten, Kjetil; Violante, … - C.E.P.R. Discussion Papers - 2005
the one hand, as wage uncertainty rises, so does the cost associated with missing insurance markets. On the other hand …
Persistent link: https://www.econbiz.de/10005123728
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Welfare consequences of rising wage risk in the United States : self-selection into risky jobs and family labor supply adjustments
Park, Seonyoung; Shin, Donggyun - 2020
Persistent link: https://www.econbiz.de/10012316603
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Labor income dynamics and the insurance from taxes, transfers, and the family
Blundell, Richard W.; Graber, Michael; Mogstad, Magne - 2014
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010238207
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Labor Income Dynamics and the Insurance from Taxes, Transfers, and the Family
Blundell, Richard; Graber, Michael; Mogstad, Magne - 2014
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010333357
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Labor Income Dynamics and the Insurance from Taxes, Transfers, and the Family
Blundell, Richard; Graber, Michael; Mogstad, Magne - Institute for the Study of Labor (IZA) - 2014
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010764592
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Insurance, redistribution, and the inequality of lifetime income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria; … - 2023
lifetime tax reform linking annual taxes to previous employment could improve the system's insurance capabilities, albeit at …
Persistent link: https://www.econbiz.de/10014480488
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Insurance, redistribution, and the inequality of lifetime income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria - 2017
lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against … risk. Progressive taxation of annual earnings provides little insurance against lifetime earnings risk. The lifetime … insurance effects of taxation may be improved by moving to a progressive tax on lifetime earnings. Similarly, the lifetime …
Persistent link: https://www.econbiz.de/10011784169
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Insurance, Redistribution, and the Inequality of Lifetime Income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria L. - 2018
lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against … risk. Progressive taxation of annual earnings provides little insurance against lifetime earnings risk. The lifetime … insurance effects of taxation may be improved by moving to a progressive tax on lifetime earnings. Similarly, the lifetime …
Persistent link: https://www.econbiz.de/10011816547