exports (per worker) are strongly and causally related to income risk: Imports increase risk and exports decrease risk, and …In this paper, we empirically assess the causal relationship between trade and individual income risk and study the … from 1976 to 2012. Our estimates suggest substantial heterogeneity in labor income risk across workers in different entry …

exports (per worker) are strongly and causally related to income risk: Imports increase risk and exports decrease risk, and …In this paper, we empirically assess the causal relationship between trade and individual income risk and study the … from 1976 to 2012. Our estimates suggest substantial heterogeneity in labor income risk across workers in different entry …

intergenerational income mobility in Germany, endowments account for solely 30 percent in the United States. Nonlinearities in the … relative importance across income percentiles. In Germany, there are no significant nonlinearities at all. …Relying on harmonized individual data for Germany and the United States, we perform a country comparison regarding the …

The objective of this paper is to learn about the effects of the adjustment costs, economic growth, imports and exports …' economic growth favor those with superior education; (iv) the imports seems to favor the demand for those with intermediate …

migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). … Arbeitslosenrate (Kapitel 5) sowie der Dynamik von Demokratie und Einkommen (Kapitel 6). …

Using detailed micro-data, this paper documents that households with lower income risk (and higher income levels … designed to account for the empirically observed negative correlation between income levels and income risk. This interaction … labor income risk. Otherwise, the effects of income risk are masked by wealth effects. In neither case, the MPC depends on …

incomplete markets model and find that advance information reduces households' income forecast errors by 15%. Our estimation …We investigate whether US households possess advance information about their future income and what this means for … requires only panel data on consumption and income. Using the Panel Study of Income Dynamics, we find-in contrast to the …

recent decades. I document that the sharp rise in imports of Chinese manufacturing goods had a significant effect on the …