Bönke, Timm; Giesecke, Matthias; Lüthen, Holger - 2015
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual … earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for … prime age men born 1935 through 1974 that covers earnings between 1960 and 2009. Over this period, the German labor market …