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This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373904
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011316360
Mobile workers involve flows of labor and human capital and contribute to a more efficient allocation of resources. However, migration also changes relative wages, alters the distribution of skills and affects equality in the receiving society. The paper suggests that skilled immigration...
Persistent link: https://www.econbiz.de/10010361361
Latin American countries have some of the highest levels of income inequality in the world. However, earnings … inequality significantly changed over the last three decades, increasing during the 1980s and 1990s, declining sharply in the … in the 1980s and early 1990s, and the introduction of structural reforms like trade, capital, and financial …
Persistent link: https://www.econbiz.de/10013286576
modest increase in overall inequality of market incomes as measured by the Gini coefficient. However, we also document a … income inequality was stronger in East Germany than in West Germany. In both regions, the income concentration process …
Persistent link: https://www.econbiz.de/10011630585
-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade … emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower … the unequal impacts of trade can manifest along different margins. Recent evidence from countries across Europe and the US …
Persistent link: https://www.econbiz.de/10012745407
Persistent link: https://www.econbiz.de/10014339852
Persistent link: https://www.econbiz.de/10013187734
inequality, while union density, trade openness, economic growth and social spending are associated with a decline in inequality …This paper investigates the impact of financialization and changes in corporate governance on income inequality for a … widespread, there has been little empirical analysis of the link between these phenomena and the rise in income inequality. Since …
Persistent link: https://www.econbiz.de/10010408326
To what extent can increasing inequality be explained by globalization? And if there is a connection, what if anything … can and should be done about it? This chapter begins with an overview of how conventional trade theory has fared in … predicting changes in inequality and how it has needed to be extended and expanded when, contrary to some received wisdom …
Persistent link: https://www.econbiz.de/10014025325