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This paper investigates the importance of heterogeneity in the labor earning shock processes. We analyze the earning shock process for both male and female workers in several countries. We argue that unlike time series analysis, in a life cycle model the forecasting horizon is finite and in...
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Comparative sociologists have long considered occupations to be a key source of inequality. However, data constraints …
Persistent link: https://www.econbiz.de/10011870295
Comparative sociologists have long considered occupations to be a key source of inequality. However, data constraints …
Persistent link: https://www.econbiz.de/10012060324
This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over … possible rationale for recent inequality developments. …
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recent decades have been: 1) Modest real wage growth; 2) Rising earnings inequality; and 3) Declining labor force …
Persistent link: https://www.econbiz.de/10012138373
assortative mating to inequality in couple's potential earnings. Our results indicate a strong degree of assortative mating in …-year average earnings. We show that assortative mating tends to increase inequality among couples, compared to random mating. For … annual earnings, the effect is non-negligible and accounts for 3 to 9% of measured inequality. The effect of assortative …
Persistent link: https://www.econbiz.de/10011738840
understanding horizontal inequality and indigenous politics. This paper presents new analysis of survey data, allowing for … outcomes, and a broad trend towards greater equality. Earnings gaps have been reduced by, among other factors, improved … educational outcomes. Ethnic groups also show distinct patterns of wages and wage gaps, and there is evidence of a 'sticky floor …
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