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This paper demonstrates that heterogeneity in firms’ promotion of human capital accumulation is an important determinant of life-cycle earnings inequality. I use administrative micro data from Germany to show that different establishments offer systematically different earnings growth rates...
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We document empirical life cycle profiles of wages, earnings, and hours of work for pay from the Panel Study of Income …
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This thesis consists of three essays on dynamic household decisions over the life cycle and the estimation of … parameters for the analysis. The topics include the estimation of income processes and progressive tax and transfer schedules in … Lebenszyklus und der Schätzung von Parametern für die Analyse beschäftigen. Zu den behandelten Themen gehören die Schätzung von …
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In this paper we develop a novel method to project location-specific life-cycle wages for all occupations listed in the … Statistics data for each occupation and area. Finally, we develop a model capable of projecting the trajectory of wages across …
Persistent link: https://www.econbiz.de/10014048671
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...
Persistent link: https://www.econbiz.de/10012160640