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This paper investigates, theoretically and empirically, differences between blacks and whites in the U.S. concerning the intergenerational transmission of occupational skills and the effects on sons' earnings. The father-son skill correlation is measured by the correlation coefficient (or cosine...
Persistent link: https://www.econbiz.de/10011450128
This paper is part of the Global Repository of Income Dynamics (GRID) project cross‐country comparison of earnings inequality, volatility, and mobility. Using data from the U.S. Census Bureau's Longitudinal Employer‐Household Dynamics (LEHD) infrastructure files, we produce a uniform set of...
Persistent link: https://www.econbiz.de/10014306334
This paper explores disparities between White, Black, and Hispanic families using a measure of lifetime earnings developed by Jacobs et al. (2022) for the Survey of Consumer Finances (SCF). Lifetime earnings are a particularly important measure of well-being, with relevance for wealth...
Persistent link: https://www.econbiz.de/10014444421
Income inequality between different races in the U.S. is especially large. This difference is even larger when gender is involved. In a complementary study, we have developed a dynamic micro-economic model accurately describing the evolution of male and female incomes since 1930. Here, we extend...
Persistent link: https://www.econbiz.de/10012831629
Over the recent decades, wide-spread automation has led to a shift of the US labor force from occupations intensive in routine tasks into occupations intensive in manual and abstract tasks. I integrate routine-biased technological change into an incomplete markets model with occupation-specific...
Persistent link: https://www.econbiz.de/10013332250
This paper studies the evolution of individual earnings inequality and dynamics in Canada from 1983 to 2016 using tax files and administrative records. Linking individual tax filers to their employers (and rich administrative records on firms) beginning in 2001, it also documents the...
Persistent link: https://www.econbiz.de/10014306267
This paper studies the evolution of individual earnings inequality and dynamics in Canada from 1983 to 2016 using tax files and administrative records. Linking these individuals to their employers (and rich administrative records on firms) beginning in 2001, it also documents the relationship...
Persistent link: https://www.econbiz.de/10012507206
Occupational choice models predict that, ceteris paribus, countries with higher dispersion of skill will have higher market labour income inequality. However, an extended conclusion from empirical research is that cross-country variations in dispersion of skill explain little of the variation in...
Persistent link: https://www.econbiz.de/10015073135
At the height of the US civil rights movement in the mid-1960s, foreign-born persons were less than 1 % of the African-American population (Kent, Popul Bull, 62:4, 2007). Today, 16 % of America’s African diaspora workforce consists of first- or second-generation immigrants and 4 % is Hispanic....
Persistent link: https://www.econbiz.de/10011573458
In many developing countries, the supply of skilled workers is likely to continue to be stronger than demand, and this should drive down the skill premium and reduce inequality. Within the limitations of any exercise based on simulations, this paper finds that the recently observed reduction in...
Persistent link: https://www.econbiz.de/10011664507