Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper we use a Finnish panel spanning 22 years to predict the mean, the variance and the skew of the present value of lifetime income, and to calculate certainty equivalent lifetime...

The French Disabled Workers Act set up a legal quota of disabled workers in more than 20 employees companies. This law decreed financial penalties for non-compliance. We evaluate the impact of this law on the employment of disabled people. We use a triple difference approach combined with...

We use a new and large panel dataset of household income to shed light on the permanent versus transitory nature of rising inequality in individual male labor earnings and in total household income, both before and after taxes, in the United States over the period 1987-2006. Due to the quality...

Without long panel structures, the persistence of individual income risks cannot be identified. In this paper, we derive bounds on age-profile persistence levels with short panels where there are only 2-year panel structures. These bounds remarkably capture a low persistence in the early ages...

There are few concentrated studies on wage inequality across local labor markets at the city or metropolitan level. This paper studies the changes in wage inequality among 170 metropolitan areas by using micro-level data from the U.S. Census and American Community Survey from 1980 to 2019. We...

In this paper it will be attempted to estimate the effect of profitability, bank size as well as bank expansion on ceo remuneration in the Western European banking sector. The sample covers annually many banks of the countries Belgium, Denmark, France, Germany, Netherlands, Ireland and UK for...

In the present paper an attempt will be made to examine whether ceo pay equalization (convergence) takes place in the Western World. This analysis will be based on the method of estimation of entrepreneurial reward according to (Georgiou, 2009). It will be shown that there is no convergence in...

Estimating economic earnings mobility is imperative for understanding the degree to which low pay employment is a temporary or long-term position. The current literature estimates transition probabilities between low and higher pay. This study extends the focus to identify the underlying...

Using nationally representative, longitudinal data from the first 14 waves of the British Household Panel Survey we examine the labour market returns to inter-regional migration in Great Britain. Controlling for endogeneity, heterogeneity and self-selection, we find substantial long-run wage...

The relation between rent sharing and wages has generally been evaluated on average wages. This paper uses a unique employer-employee panel database to investigate the extent of rent sharing along the wage distribution in Italy. We apply quantile regression techniques and control for national...