Although there has been a great deal of discussion of the relative merits of alternative income maintenance schemes, the precise relationships between benefit levels and tax rates required are not usually examined in detail. The purpose of the present article is, therefore, to provide comparable...

It has long been recognised that cohort and cross‐sectional age‐earnings profiles differ. A standard procedure, which is quite reasonable in the absence of more information, is to obtain a cohort profile by simply adding the general rate of growth of real earnings to the growth of earnings...

Introduction The literature on earnings change has increasingly suggested that the key processes generating earnings inequality are those operating within the firm. However, there has been little empirical work on these phenomena, largely reflecting data deficiencies. Very few data‐sets on...