This paper analyzes the trends in the level and the composition of income inequality in Israel between the years 1987 and 2011. The main trends found in income inequality among individuals are: a decline in the wage share of the middle wages, an increase in the prevalence of part-time jobs at...

In 1997 Chancellor Kohl proposed a major pension reform and pushed the law through Parliament explaining that the German PAYG system had become unsustainable. One limitation of the new law -- one that is crucial for our identification strategy -- is that it left the generous pension entitlements...