Korean Abstract: 우리 사회 인구구조의 고령화와 최근 노동시장의 변화는 소득(임금)의 변동성을 증가시키면서 불확실성을 높이는 방향으로 전개되고 있다. 본 연구는 임금불확실성이 근로자들의 후생수준을 결정하는 중요한...

Many recent studies have investigated trends in U.S. men's earnings volatility, but the studies based on the Panel Study of Income Dynamics appear to conflict with each other and with studies based on other data. We critique some of the existing methods of measuring earnings volatility, and we...

This paper* develops a social unrest measure by revising Esteban-Ray (1994, Econometrica) polarization index. For the purpose of measuring more effectively the level of social unrest that is generated by separation of income classes, the new index allows for asymmetry between the rich and the...

Many recent studies have investigated trends in U.S. men's earnings volatility, but the studies based on the Panel Study of Income Dynamics appear to conflict with each other and with studies based on other data. We critique some of the existing methods of measuring earnings volatility, and we...