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We first review research about income and earnings volatility and second provide new UK evidence about the latter using high quality administrative record data. The USA stands out as a high volatility country relative to the UK and other high-income countries, but volatility levels have remained...
Persistent link: https://www.econbiz.de/10015338658
In this paper, we argue that wage volatility is a good proxy for wage inequality because of the strong and lagged correlation between the two. For seven industry categories, inequality is modeled as a conditional variance process over the period 1964-1988. It is modified to allow for explanatory...
Persistent link: https://www.econbiz.de/10014052120
wage gained influence. This transition was associated with a persistent decrease in earnings dispersion and cyclical …
Persistent link: https://www.econbiz.de/10014306240
This article provides a comprehensive analysis of labor earnings volatility in Brazil between 2012 and 2023. During this period, Brazil's economy experienced intense economic growth followed by large recessions, allowing us to assess changes in volatility over the business cycle. In addition,...
Persistent link: https://www.econbiz.de/10015371930
This paper analyzes earnings inequality and earnings dynamics in Sweden over 1985- 2016. The deep recession in the early 1990s marks a historic turning point with a massive increase in earnings inequality and earnings volatility, and the impact of the recession and the recovery from it lasted...
Persistent link: https://www.econbiz.de/10012694689
This paper analyzes earnings inequality and earnings dynamics in Sweden over 1985-2016. The deep recession in the early 1990s marks a historic turning point with a massive increase in earnings inequality and earnings volatility, and the impact of the recession and the recovery from it lasted for...
Persistent link: https://www.econbiz.de/10014306326
transition was associated with a persistent decrease in the dispersion of real earnings and cyclical movements in higher … monthly frequency of regular wage adjustments almost doubled, while the distribution of changes in regular wages morphed from …
Persistent link: https://www.econbiz.de/10012592395
Volatility in commodity markets poses an acute risk to farmers in developing countries who rely on cash crop agriculture. We combine a time series of international coffee prices with a long-running panel on coffee-growing households in Viet Nam to investigate coping mechanisms employed by...
Persistent link: https://www.econbiz.de/10011447335
dem 25. und 59. Lebensjahr erzielt wurden. Im Beobachtungszeitraum von 1960 bis 2009 durchläuft der deutsche Arbeitsmarkt …. Unsere Ergebnisse reflektieren die spezifischen Entwicklungsphasen am deutschen Arbeitsmarkt und zeigen insgesamt einen …
Persistent link: https://www.econbiz.de/10011373215
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 forprime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373904