Earnings dynamics and inequality among Canadian men, 1976-1992: Evidence from longitudinal income tax records

• 成果类型: Article
• 署名作者: Baker, M; Solon, G
• 署名单位: University of Toronto; National Bureau of Economic Research; University of Michigan System; University of Michigan
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/345559
• 发表日期: 2003
• 页码: 289-321
• 关键词: UNITED-STATES; covariance structure; wage inequality; consumption; mobility; losses; skill; 1980S; BIAS

摘要

Using an extraordinary database drawn from longitudinal income tax records, we decompose Canada's growth in earnings inequality into its persistent and transitory components. We find that the growth in earnings inequality reflects both an increase in long-run inequality and an increase in earnings instability. The Canadian data strongly reject several restrictions commonly imposed in the U. S. literature, and they also suggest that imposing these evidently false restrictions may lead to distorted inferences about earnings dynamics and inequality trends.