We use detailed information on labor earnings and employment from Social Security records to document earnings inequality in Spain from 1988 to 2010. Male earnings inequality was strongly countercyclical: it increased around the 1993 recession, showed a substantial decrease during the 1997-2007...

Artículo de revista ; Resumen de las principales conclusiones del Documento de trabajo relacionado

En este estudio utilizamos datos administrativos de la Seguridad Social para analizar la dinámica de los ingresos laborales y la incertidumbre respecto a ingresos futuros en España entre 2005 y 2018. Construimos medidas individuales de dicha incertidumbre basadas en características...

En este documento proponemos un enfoque basado en regresiones para estimar cómo las expectativas de los individuos influyen en sus respuestas a un cambio contrafactual. Proporcionamos condiciones bajo las cuales los efectos parciales promedio estimados sobre la base de regresiones recuperan los...

Un número creciente de aplicaciones utilizan escenarios en los que, para inferir efectos heterogéneos, un investigador compara distintas unidades. Ejemplos de diseños de investigación son aquellos que incluyen a niños que se mudan de barrio, trabajadores que cambian de empresa, pacientes...

We propose a generalization of the linear quantile regression model to accommodate possibilities afforded by panel data. Specifically, we extend the correlated random coefficients representation of linear quantile regression (e.g., Koenker, 2005; Section 2.6). We show that panel data allows the...

We introduce a class of quantile regression estimators for short panels. Our framework covers static and dynamic autoregressive models, models with general predetermined regressors, and models with multiple individual effects. We use quantile regression as a flexible tool to model the...

I formulate and study a model of undirected dyadic link formation which allows for assortative matching on observed agent characteristics (homophily) as well as unrestricted agent level heterogeneity in link surplus (degree heterogeneity). Similar to fixed effects panel data analyses, the joint...

We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of income shocks to consumption. Log-earnings are the sum of a general Markovian persistent component and a transitory innovation. The persistence of past shocks to earnings is...

Consider two heterogenous populations of agents who, when matched, jointly produce an output, Y. For example, teachers and classrooms of students together produce achievement, parents raise children, whose life outcomes vary in adulthood, assembly plant managers and workers produce a certain...