The aim of this paper is to analyze the changes in the wage inequality of the Greater Buenos Aires during 1995-2003. In order to do so I apply the Juhn, Murphy and Pierce (1993) microdecomposition methodology. Although, I estimate the parameters through a quantile regression technique proposed...

Este trabajo presenta y discute un conjunto de estadísticas que caracterizan el nivel y la evolución de la polarización laboral en Argentina entre los años 1992 y 2006. Los resultados obtenidos sugieren que el nivel de polarización ha atravesado una primera etapa de crecimiento para luego...

The aim of this paper is to evaluate the existence of gender wage discrimination in Argentina. The methodology used is the one proposed by Gradín, Del Río y Cantó (2006), which emphasizes the importance of considering the individual wage gap when analyzing discrimination and follows an...

This paper develops a simple competitive model of CEO pay. It appears to explain much of the rise in CEO compensation in the US economy, without assuming managerial entrenchment, mishandling of options, or theft. CEOs have observable managerial talent and are matched to assets in a competitive...

The March Current Population Survey (CPS) is the primary data source for estimation of levels and trends in labor earnings and income inequality in the USA. Time-inconsistency problems related to top coding in theses data have led many researchers to use the ratio of the 90th and 10th...

Contracts in a dynamic model must address a number of issues absent from static frameworks. Shocks to firm value may weaken the incentive effects of securities (e.g. cause options to fall out of the money), and the impact of some CEO actions may not be felt until far in the future. We derive the...

A recent "revisionist " literature characterizes the pronounced rise in U.S. wage inequality since 1980 as an "episodic " event of the first-half of the 1980s driven by non-market factors (particularly a falling real minimum wage) and concludes that continued increases in wage inequality since...

The Dutch welfare state is under pressure. Future trends of ageing and globalisation render public finances unsustainable and worsen the position of low-skilled workers on the labour market. At the same time, welfare state institutions seem insufficiently adapted to changed socio-cultural...

In the Latin American context, Chile has the highest level of per capita income and the human development index, though the distribution of income is quite unequal. Unlike Uruguay, Chile has one of the more unequal income distributions of the region. In 2003, Chile had Gini Coefficient of 8.5...

This study measures the impact of changes in the income determinants on inequality in the 1990 to 2003 period, in order to answer the question of why income distribution as a whole has not changed. The methodology utilized are micro-simulations of income distribution, which is the most...