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作者:Friedrich, Benjamin; Laun, Lisa; Meghir, Costas
作者单位:Northwestern University; Yale University; National Bureau of Economic Research; Centre for Economic Policy Research - UK; IZA Institute Labor Economics
摘要:This paper analyzes earnings inequality and earnings dynamics in Sweden over 1985-2016. The deep recession in the early 1990s marks a historic turning point with a massive increase in earnings inequality and earnings volatility, and the impact of the recession and the recovery from it lasted for decades. In the aftermath of the recession, we find steady growth in real earnings across the entire distribution for men and women and decreasing inequality over more than 20 years. Despite the positi...
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作者:Blanco, Andres; Diaz de Astarloa, Bernardo; Drenik, Andres; Moser, Christian; Trupkin, Danilo R.
作者单位:University of Michigan System; University of Michigan; University of Buenos Aires; National University of La Plata; University of Texas System; University of Texas Austin; Columbia University; Centre for Economic Policy Research - UK; University of Buenos Aires; Consejo Nacional de Investigaciones Cientificas y Tecnicas (CONICET); University of Buenos Aires; CONICET UBA
摘要:This paper studies earnings inequality and dynamics in Argentina between 1996 and 2015. Following the 2001-2002 crisis, the Argentine economy transitioned from a low- to a high-inflation regime, while collective bargaining and the minimum wage gained influence. This transition was associated with a persistent decrease in earnings dispersion and cyclical movements in higher-order moments of the distribution of earnings changes. To shed light on the changing nature of wage rigidity during this p...
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作者:Guvenen, Fatih; Pistaferri, Luigi; Violante, Giovanni L.
作者单位:University of Minnesota System; University of Minnesota Twin Cities; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis; National Bureau of Economic Research; Stanford University; Princeton University; Centre for Economic Policy Research - UK
摘要:The Global Repository of Income Dynamics (GRID) is a new open-access, cross-country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully exploits the longitudinal dimension of the underlying data sets; it offers granular descriptions of income inequality and income dynamics for finely defined subpopulations; and it is designed from the gr...
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作者:Leth-Petersen, Soren; Saeverud, Johan
作者单位:University of Copenhagen; University of Copenhagen
摘要:We document facts about earnings and disposable income inequality and growth in Denmark in the period 1987-2016. During this period, the distribution of log earnings growth exhibits skewness that varies with the business cycle and has strong excess kurtosis. Denmark has a progressive income tax system with a high level of taxes and a relatively generous and heavily subsidized unemployment insurance system. Consequently, the dispersion of log disposable income growth is much smaller than for ea...
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作者:Drechsel-Grau, Moritz; Peichl, Andreas; Schmid, Kai D. D.; Schmieder, Johannes F. F.; Walz, Hannes; Wolter, Stefanie
作者单位:University of Munich; Leibniz Association; Ifo Institut; University of Munich; Boston University; National Bureau of Economic Research; University of Erlangen Nuremberg
摘要:We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades. Combining personal income tax and social security data allows us-for the first time-to offer a complete picture of the distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the Great Recession, inequality continued to rise at a slower rate for men and fell slightly for women due to compression at the lower tai...
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作者:Arellano, Manuel; Bonhomme, Stephane; De Vera, Micole; Hospido, Laura; Wei, Siqi
作者单位:University of Chicago; Banco de Espana; IZA Institute Labor Economics; IE University
摘要:In this paper, we use administrative data from the social security to study income dynamics and income risk inequality in Spain between 2005 and 2018. We construct individual measures of income risk as functions of past employment history, income, and demographics. Focusing on males, we document that income risk is highly unequal in Spain: More than half of the economy has close to perfect predictability of their income, while some face considerable uncertainty. Income risk is inversely relate...
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作者:Bowlus, Audra; Gouin-Bonenfant, Emilien; Liu, Huju; Lochner, Lance; Park, Youngmin
作者单位:Western University (University of Western Ontario); Columbia University; Statistics Canada; Bank of Canada
摘要:This paper studies the evolution of individual earnings inequality and dynamics in Canada from 1983 to 2016 using tax files and administrative records. Linking individual tax filers to their employers (and rich administrative records on firms) beginning in 2001, it also documents the relationship between the earnings dynamics of workers and the size and growth of their employers. It highlights three main patterns over this period: First, with a few exceptions (sharp increase in top 1% and decl...
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作者:Halvorsen, Elin; Ozkan, Serdar; Salgado, Sergio
作者单位:Statistics Norway; University of Toronto; University of Pennsylvania
摘要:Using administrative data, we provide an extensive characterization of labor earnings dynamics in Norway. Some of our findings are as follows: (i) Norway has not been immune to the increase in top earnings inequality seen in other countries, (ii) the earnings distribution compresses in the bottom 90% over the life cycle but expands in the top 10%, and (iii) the earnings growth distribution is left-skewed and leptokurtic, and the extent of these nonnormalities varies with age and past income.Li...
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作者:Puggioni, Daniela; Calderon, Mariana; Cebreros Zurita, Alfonso; Fernandez Bujanda, Leon; Gonzalez, Jose Antonio Inguanzo; Jaume, David
作者单位:Bank of Mexico; University of California System; University of California Los Angeles; Bank of Mexico
摘要:We characterize the salient features of the distribution of (log) earnings of formal workers in Mexico using social security records for the period 2005-2019. The analysis is based on a nonparametric approach and is focused primarily on the properties of the distribution of earnings changes. We find strong evidence of deviations from normality of this distribution in terms of negative skewness and high kurtosis, with these deviations varying with income and along the worker's life cycle. A com...
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作者:Kramarz, Francis; Nimier-David, Elio; Delemotte, Thomas
作者单位:Institut Polytechnique de Paris; ENSAE Paris
摘要:This paper provides new stylized facts about labor earnings inequality and dynamics in France for the period 1991-2016. Using linked employer-employee data, we show that (i) labor inequality in France is low compared to other developed countries and has been decreasing until the financial crisis of 2009 and increasing since then, (ii) women experienced high earnings growth, in particular at the bottom of the distribution, in contrast to the stability observed for men. Both result from a decrea...