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We compare trends in earnings inequality in the United States, Germany, and Great Britain. Estimation of a heterogeneous growth model of permanent and transitory earnings variation reveals substantial convergence in the permanent component of inequality in these countries during the 1990s.
Persistent link: https://www.econbiz.de/10005275356
Using internal March CPS data, we construct and make available variances and cell-means for all topcoded income values in the public-use CPS. We then demonstrate how their inclusion can improve existing imputation methods in the labor earnings inequality literature.
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