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Inequality has been rising in many countries over the last decades and the process seems to have accelerated with the Great Recession. Not only is income distribution more unequal today than 40 years ago, but also its transmission through generations has increased. In other words, many countries...
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Research in Labor Economics 44 takes another in-depth and focussed look at Inequality. This time however it is tied in with well-being of the workforce. Research in Labor Economics volume 44 contains new and innovative research on the causes and consequences of inequality and well-being of the...
Persistent link: https://www.econbiz.de/10012050359
Using longitudinal data based on administrative registers for the population of Danish men we develop a model which accounts for the joint earnings dynamics of siblings and youth community peers. We are the first to decompose the sibling correlation of permanent earnings into family and...
Persistent link: https://www.econbiz.de/10011752512
Correlations between the earnings of siblings reflect shared family and community background, but evidence is mixed on the relative magnitudes of these influences. We estimate long run earnings correlations between brothers, school mates and teenage neighbors jointly in a unified framework....
Persistent link: https://www.econbiz.de/10011774327
This paper studies the influence of family, schools and neighborhoods on life-cycle earnings inequality. We develop an earnings dynamics model linking brothers, schoolmates and teenage parish neighbors using population register data for Denmark. We exploit differences in the timing of family...
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We investigate the effect of social interactions on labor market outcomes using a direct measure of social contacts based on information about individuals' three best friends and their characteristics. We examine the effect of the number of employed friends on the transition from non-employment...
Persistent link: https://www.econbiz.de/10008732321
Social interactions have important consequences for labour market outcomes. Yet the growing literature has relied on indirect definitions of networks. We present the first evidence based on direct information on friends' networks. We address issues of correlated effects with instrumental...
Persistent link: https://www.econbiz.de/10009268591