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Individual Earnings and Family Income : Dynamics and Distribution
Altonji, Joseph G.; Hynsjö, Disa M.; Vidangos, Ivan - National Bureau of Economic Research - 2022
model. We then turn to models of individual earnings that are based on wages, employment, job mobility, and hours. These …
Persistent link: https://www.econbiz.de/10013210123
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Top Income Inequality and Tax Policy
Delestre, Isaac; Kopczuk, Wojciech; Miller, Helen; … - National Bureau of Economic Research - 2022
The share of pre-tax income flowing to the top of the UK income distribution increased continually and substantially in the three decades leading up to the financial crisis, but has changed little since 2013. Using microdata sampled from UK tax records, we describe the nature of top incomes in...
Persistent link: https://www.econbiz.de/10013210046
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Global Trends in Income Inequality and Income Dynamics : New Insights from GRID
Guvenen, Fatih; Pistaferri, Luigi; Violante, Giovanni L. - National Bureau of Economic Research - 2022
range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on …; it offers granular descriptions of income inequality and income dynamics for finely defined subpopulations; and it is … and presents a set of global trends in income inequality and income dynamics across the 13 countries that are currently in …
Persistent link: https://www.econbiz.de/10013388880
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The Race Between Education, Technology, and the Minimum Wage
Vogel, Jonathan - National Bureau of Economic Research - 2023
should be small on impact---raising only the wages of workers bound by the minimum wage---and grow over time as workers …. Estimated at the national level, I show that minimum wages---together with supply and demand---play a central role in shaping … document the dynamic impact of the minimum wage over the full wage distribution: on impact, wages rise only for the lowest …
Persistent link: https://www.econbiz.de/10014247949
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Is There Really an Inflation Tax? Not For the Middle Class and the Ultra-Wealthy
Wolff, Edward N. - National Bureau of Economic Research - 2023
inequality, and the racial wealth gap. The results show that inflation boosted the real income of the middle wealth quintile by a … income. Inflation also boosted mean and especially median real wealth growth, reduced wealth inequality, and lowered the …
Persistent link: https://www.econbiz.de/10014421200
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The Economic Impact of Heritable Physical Traits : Hot Parents, Rich Kid?
Hamermesh, Daniel S.; Zhang, Anwen - National Bureau of Economic Research - 2024
trait, beauty, to infer the extent to which parents' physical characteristics transmit inequality across generations …
Persistent link: https://www.econbiz.de/10014468285
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Intergenerational Transmission of Family Influence
Eshaghnia, Sadegh; Heckman, James J.; Landersø, Rasmus; … - National Bureau of Economic Research - 2022
This paper studies intergenerational mobility--the transmission of family influence. We develop and estimate measures of lifetime resources (income and wealth) motivated by economic theory that account for generational differences in life-cycle trajectories, uncertainty, and credit constraints....
Persistent link: https://www.econbiz.de/10013388767
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The Slow Diffusion of Earnings Inequality
Sorkin, Isaac; Wallskog, Melanie - National Bureau of Economic Research - 2023
in earnings inequality in the United States. This paper shows that a distinct cross-cohort pattern drives this rise … inequality. Second, cohort effects imply a slow diffusion of inequality: we expect inequality to continue to rise as older and … that this momentum could be substantial with increases in between-firm inequality in the next two decades almost as large …
Persistent link: https://www.econbiz.de/10014226174
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Preferences for Redistribution in the Land of Opportunities
Alesina, Alberto - 2001
The poor favor redistribution and the rich oppose it, but that is not all. Social mobility may make some of today …'s poor into tomorrow's rich and since redistributive policies do not change often, individual preferences for redistribution … should depend on the extent and the nature of social mobility. We estimate the determinants of preferences for redistribution …
Persistent link: https://www.econbiz.de/10012470457
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Employment, Wages, and Unionism in a Model of the Aggregate Labor Market in Britain
Pencavel, John H. - 1989
-defined negative causal relationship from wages to employment with the features of a conventional labor demand function. Using …
Persistent link: https://www.econbiz.de/10012476018