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As part of a cross-country research consortium, in the first part we use administrative data from Norway between 1993 and 2017 to present stylized facts about individual earnings dynamics. Some of our key findings are as follows. (i) Norway has not been immune to the recent increase in top...
Persistent link: https://www.econbiz.de/10013238377
This paper examines whether nonlinear and non-Gaussian features of earnings dynamics are caused by hours or hourly wages. Our findings from the Norwegian administrative and survey data are as follows: (i) Nonlinear mean reversion in earnings is driven by the dynamics of hours worked rather than...
Persistent link: https://www.econbiz.de/10014239718
This paper examines whether nonlinear and non-Gaussian features of earnings dynamics are caused by hours or hourly wages. Our findings from the Norwegian administrative and survey data are as follows: (i) Nonlinear mean reversion in earnings is driven by the dynamics of hours worked rather than...
Persistent link: https://www.econbiz.de/10012826282
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Using administrative data from Norway, we first present stylized facts on labor earnings dynamics between 1993 and 2017 and its heterogeneity across narrow population groups. We then investigate the parents’ role in children’s income dynamics—the intergenerational transmission of income...
Persistent link: https://www.econbiz.de/10013310355
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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...
Persistent link: https://www.econbiz.de/10014306319