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In this paper, we argue that wage volatility is a good proxy for wage inequality because of the strong and lagged correlation between the two. For seven industry categories, inequality is modeled as a conditional variance process over the period 1964-1988. It is modified to allow for explanatory...
Persistent link: https://www.econbiz.de/10014052120
Changes in accumulated retirement savings, particularly in employer-sponsored defined contribution (DC) plan balances, differ by worker’s earnings levels. Earnings shocks, portfolio diversification, and employer contributions to worker’s DC plans affect retirement savings for lower earners...
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This paper studies the labor supply contributions to individual and family earnings inequality during the period of rising wage inequality in the early 1980's. Working couples have positively correlated labor market outcomes, which are almost entirely attributable to permanent factors. An...
Persistent link: https://www.econbiz.de/10013149423
The paper uses a new country-level, panel data set to study the effect of public sector wages on corruption. The …-corruption policies. Increasing the wages of public officials could help reduce corruption in countries with low public sector wage … inequality. In countries where public sector wages are highly unequal, however, raising the wages of government employees could …
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impact of transitions out of and back into formal employment on wages earned in the formal sector and the effect of early …
Persistent link: https://www.econbiz.de/10013464810
This paper studies earnings inequality and dynamics in Argentina between 1996 and 2015. Following the 2001–2002 crisis, the Argentine economy transitioned from a low‐ to a high‐inflation regime, while collective bargaining and the minimum wage gained influence. This transition was...
Persistent link: https://www.econbiz.de/10014306240