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This work brings together two distinct pieces of evidence concerning, at the macro level, international distributions of incomes and their dynamics, and, at the micro level, the size distributions of firms and the properties of their growth rates. First, our empirical analysis provides a new...
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We address how independent variables of inherently different sizes across units, e.g., small vs. large industries, in panel regression is an advantage interpretively. Analyzing a Norwegian industry panel, we find that wage inequality is a function of industry size, particularly size increase, in...
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Wage inequality in the United States has risen dramatically over the past several decades, prompting scholars to develop a number of theoretical accounts for the upward trend. This study takes an organizational approach to examine how changes in the firm-size wage effect (FSWE) — a phenomenon...
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The empirical evidence on the Kuznets hypothesis ranges from positive or negative support to insignificant relationships. This hypothesis is typically tried in most studies in domains different than the one conceived by Kuznets, which pertains to the industrialization-led urbanization (i.e.,...
Persistent link: https://www.econbiz.de/10014065247
The Gini coefficient is a downwardly biased measure of inequality in small populations when income is generated by one of three common distributions. The paper discusses the sources of bias and argues that this property is far more general. This has implications for (i) the comparison of...
Persistent link: https://www.econbiz.de/10014158951