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The quest for more and more education: Implications for social mobility
Lindley, Joanne; Machin, Stephen - 2012
In this paper, we discuss the quest for more and more education and its implications for social mobility. We document … increase in the payoff to this education) implies increasing within generation inequality and, by reinforcing already existent … inequalities from the previous generation, this has hindered social mobility. We also highlight three important aspects that to …
Persistent link: https://www.econbiz.de/10010282394
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Earnings and consumption dynamics : a nonlinear panel data framework
Arellano, Manuel; Blundell, Richard W.; Bonhomme, Stéphane - 2015
We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of income shocks to consumption. Log-earnings are the sum of a general Markovian persistent component and a transitory innovation. The persistence of past shocks to earnings is...
Persistent link: https://www.econbiz.de/10011336956
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Earnings and consumption dynamics : a nonlinear panel data framework
Arellano, Manuel; Blundell, Richard W.; Bonhomme, Stéphane - 2015
We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of income shocks to consumption. Log-earnings are the sum of a general Markovian persistent component and a transitory innovation. The persistence of past shocks to earnings is...
Persistent link: https://www.econbiz.de/10011326266
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Earnings and consumption dynamics : a nonlinear panel data framework
Arellano, Manuel; Blundell, Richard W.; Bonhomme, Stéphane - 2015
We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of income shocks to consumption. Log-earnings are the sum of a general Markovian persistent component and a transitory innovation. The persistence of past shocks to earnings is...
Persistent link: https://www.econbiz.de/10011345793
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Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence
Arellano, Manuel; Blundell, Richard W.; Bonhomme, Stéphane - 2023
In this paper we use the enhanced consumption data in the Panel Survey of Income Dynamics (PSID) from 2005-2017 to explore the transmission of income shocks to consumption. We build on the nonlinear quantile framework introduced in Arellano, Blundell and Bonhomme (2017). Our focus is on the...
Persistent link: https://www.econbiz.de/10014248416
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Labor market entry conditions, wages and job mobility
Bachmann, Ronald; Bauer, Thomas K.; David, Peggy - 2010
documented, little is known about their interaction with employees' mobility behaviour. This paper contributes to this research … area by analyzing the interaction between job mobility and entry wage differentials using German administrative data. The … occupation. Moreover, job mobility tends to reduce the effects of labour market entry conditions, implying that job mobility …
Persistent link: https://www.econbiz.de/10010269885
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Labour Market Entry Conditions, Wages and Job Mobility
Bachmann, Ronald; Bauer, Thomas K.; David, Peggy - 2010
documented, little is known about their interaction with employees' mobility behaviour. This paper contributes to this research … area by analyzing the interaction between job mobility and entry wage differentials using German administrative data. The … occupation. Moreover, job mobility tends to reduce the effects of labour market entry conditions, implying that job mobility …
Persistent link: https://www.econbiz.de/10010269997
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Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence
Arellano, Manuel; Blundell, Richard W.; Bonhomme, Stéphane - 2023
In this paper we use the enhanced consumption data in the Panel Survey of Income Dynamics (PSID) from 2005-2017 to explore the transmission of income shocks to consumption. We build on the nonlinear quantile framework introduced in Arellano, Blundell and Bonhomme (2017). Our focus is on the...
Persistent link: https://www.econbiz.de/10014480421
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Business taxation and wages : redistribution and asymmetric effects
Bauer, Thomas K.; Kasten, Tanja; Siemers, Lars - 2017 - This version: July 2017
wage inequality significantly. Workers in a weak labour-market position bear the highest part of business taxation. The …, surprisingly, effectively reduce inequality. …
Persistent link: https://www.econbiz.de/10011736166
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Business taxation and wages : redistribution and asymmetric effects
Bauer, Thomas K.; Kasten, Tanja; Siemers, Lars - 2017 - This version: July 2017
wage inequality significantly. Workers in a weak labour-market position bear the highest part of business taxation. The …, surprisingly, effectively reduce inequality. …
Persistent link: https://www.econbiz.de/10011699190