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This paper is the first to compare global trends in income and wealth inequality this century. It is based on large … coefficient, inequality between countries accounts for about two-thirds of global income inequality, but noticeably less - around … one half - of wealth inequality. Broadly similar results are found for different years and different inequality indices …
Persistent link: https://www.econbiz.de/10011947029
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10005187360
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10010427502
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10003470547
distribution. Individual wage mobility decreased between 1984/1987 and 2004/2007, while inequality increased steadily from the mid … 1990s onwards. Mobility is highest in the middle section of the distribution. Better qualified persons, younger persons and … employees of larger firms have higher chances of moving upwards. Wages are more volatile in the low-wage sector and for …
Persistent link: https://www.econbiz.de/10010299075
distribution. Individual wage mobility decreased between 1984/1987 and 2004/2007, while inequality increased steadily from the mid … 1990s onwards. Mobility is highest in the middle section of the distribution. Better qualified persons, younger persons and … employees of larger firms have higher chances of moving upwards. Wages are more volatile in the low-wage sector and for …
Persistent link: https://www.econbiz.de/10008533544
enormous compression of relative wages under the institutional regime of centralized solidarity bargaining, followed by … substantial de-compression of wages after central bargaining broke down, supplies observations well suited for empirical testing … of theories and assertions about the response of productive efficiency to shifts in wage distribution. Results presented …
Persistent link: https://www.econbiz.de/10005190957
Does more education really mean less poverty and less inequality? How much less? What are the transmission mechanisms … inequality. These results are highly dependent on assumptions about the behaviour of returns to education, both for the … distribution of earnings and for the distribution of household income per capita. A large share of the poverty reducing effect of …
Persistent link: https://www.econbiz.de/10011807284
Does more education really mean less poverty and less inequality? How much less? What are the transmission mechanisms … inequality. These results are highly dependent on assumptions about the behaviour of returns to education, both for the … distribution of earnings and for the distribution of household income per capita. A large share of the poverty reducing effect of …
Persistent link: https://www.econbiz.de/10005816494
Skill differentials in wages declined in the 1970's and rose in the 1980's, but aggregate wage inequality grew … throughout the period. This divergence remains a puzzle in recent studies of U.S. wage inequality. In this paper the sometimes … divergent paths of intergroup and intra-group inequality are explained by the human capital approach. …
Persistent link: https://www.econbiz.de/10005162766