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Displaying results 1 to 11 of 11.

  1. "Since you're so rich, you must be really smart"
    talent and the finance wage premium
    Author: Böhm, Michael; Metzger, Daniel; Strömberg, Per
    Published: 12 February 2018
    Publisher:  Centre for Economic Policy Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    W 32 (12711)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Array ; DP 12711
    Subjects: Fachkräfte; Finanzmarkt; Bankberufe; Qualifikation; Lohn; Schweden; Finance wage premium; talent allocation; wage inequality
    Scope: 49, 46 Seiten, Illustrationen
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    Erscheint auch als Online-Ausgabe
  2. The evolution and determination of earnings inequality in post-apartheid South Africa
    Author: Finn, Arden; Leibbrandt, Murray V.
    Published: August 2018
    Publisher:  United Nations University World Institute for Development Economics Research, Helsinki, Finland

    In this paper we identify some of the drivers of changes in the distribution of earnings and earnings inequality in the South African labour market between 2000 and 2014. Although the overall level of earnings inequality between 2000 and 2011 was... more

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    In this paper we identify some of the drivers of changes in the distribution of earnings and earnings inequality in the South African labour market between 2000 and 2014. Although the overall level of earnings inequality between 2000 and 2011 was high and relatively stable, there were nonetheless some interesting shifts in the factors generating inequality. The earnings data from mid-2012 to 2014, however, show a steep increase in inequality. It is difficult to determine how much of this is a "real" change, and how much is driven by other factors such as measurement error and changes in data collection and processing. For this reason, all results are presented in a 2000-14, 2000-11, and 2011-14 format. We use RIF regressions to decompose changes in average earnings, as well as changes in the Gini coefficient and different percentile ratios. Our main finding is that changes in the returns to education and changes in the returns to potential experience were the most important determinants of changes in inequality, with the former generally being inequality-enhancing, and the latter inequality-reducing.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789292565251
    Other identifier:
    hdl: 10419/190132
    Series: WIDER working paper ; 2018, 83
    Subjects: RIF decomposition; South Africa; wage inequality
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  3. Ciclo y composición del cambio en los salarios: una aproximación a la estructura salarial de Colombia
    = Wage change cycle and composition: an approximation to the wage structure of Colombia
    Author: Lasso-Valderrama, Francisco; Rodríguez-Quintero, Laura
    Published: [2018]
    Publisher:  Banco de la Republica Colombia, Bogotá, Colombia

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    VS 468
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    Source: Union catalogues
    Language: Spanish
    Media type: Book
    Format: Online
    Series: Borradores de economía ; núm. 1057 (2018)
    Subjects: Wages; wages cycle; employment composition; wage inequality; Colombia; RIF regression
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  4. Polarization and Rising Wage Inequality: Comparing the U.S. and Germany
    Author: Antonczyk, Dirk; DeLeire, Thomas C.; Fitzenberger, Bernd
    Published: 2018
    Publisher:  Humboldt-Universität zu Berlin, Berlin

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  5. Wage growth and inequality in urban China 1988-2013
    Author: Gustafsson, Björn; Wan, Haiyuan
    Published: December 2018
    Publisher:  United Nations University World Institute for Development Economics Research, Helsinki, Finland

    We investigate the evolution of wage levels, wage inequality, and wage determinants among urban residents in China using China Household Income Project data from 1988, 1995, 2002, 2007, and 2013. Average wage grew impressively between each pair of... more

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    We investigate the evolution of wage levels, wage inequality, and wage determinants among urban residents in China using China Household Income Project data from 1988, 1995, 2002, 2007, and 2013. Average wage grew impressively between each pair of years. Wage inequality had long been on the increase, but between 2007 and 2013 no clear changes occurred. In 1988, age and wages were positively related throughout working life, but more recently older workers' wages have been lower than those of middle-aged workers. The relationship between education and wages was weak in 1988 but strengthened rapidly thereafter - a process that came to a halt in 2007. During the period in which China was a planned economy the gender wage gap was small in urban China, but it widened rapidly between 1995 and 2007. We also report the existence of a premium for being employed in a foreign-owned firm or in the state sector.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789292566050
    Other identifier:
    hdl: 10419/211201
    Series: WIDER working paper ; 2018, 163
    Subjects: wages; wage inequality; wage growth; wage functions; urban China; labour market
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  6. Functional distribution and wage inequality in recent Kaleckian growth models
    Author: Hein, Eckhard; Prante, Franz
    Published: November 2018
    Publisher:  Berlin School of Economics and Law, Institute for International Political Economy Berlin, Berlin

    This contribution provides a review of recent considerations of wage inequality in Kaleckian models of distribution and growth. On the one hand, we address modelling approaches in which a distinction is made between managers and workers, where the... more

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    This contribution provides a review of recent considerations of wage inequality in Kaleckian models of distribution and growth. On the one hand, we address modelling approaches in which a distinction is made between managers and workers, where the salaries of the former are treated as overhead costs in a target-return pricing framework. Distribution between profits and wages, and between managers and direct labour, will thus depend on the level of economic activity, in particular in a short-run cyclical perspective. On the other hand, we review more recent Kaleckian models, which explicitly introduce wage inequality, but maintain the simple mark-up pricing approach, thus abstracting from explicit consideration of overhead costs. Explicitly or implicitly, these models rather adhere to a medium-run perspective. Finally, we provide a simple neo-Kaleckian distribution and growth model with wage inequality, which allows for different medium-run demand regimes in a stylized way.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/187425
    Series: Working paper / Institute for International Political Economy Berlin ; no. 110 (2018)
    Subjects: Functional income distribution; wage inequality; distribution; growth; Kaleckian models
    Scope: 1 Online-Ressource (circa 18 Seiten), Illustrationen
  7. Dissecting between-plant and within-plant wage dispersion
    evidence from Germany
    Author: Baumgarten, Daniel; Felbermayr, Gabriel; Lehwald, Sybille
    Published: [2018]
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    Using rich linked employer-employee data for (West) Germany between 1996 and 2014, we analyze the most important drivers of the recent rise in German wage dispersion and pin down the relative contribution of plant and worker characteristics.... more

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    Staats- und Universitätsbibliothek Bremen
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    Using rich linked employer-employee data for (West) Germany between 1996 and 2014, we analyze the most important drivers of the recent rise in German wage dispersion and pin down the relative contribution of plant and worker characteristics. Moreover, we separately investigate the drivers of between-plant and within-plant wage dispersion. We also analyze the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East Germany. We disentangle the relative contribution of each single variable to the rise in wage dispersion using recentered influence function (RIF) regressions. The most important drivers of wage dispersion are industry effects and the bargaining regime. The former predominantly works through the wage structure effect while, in the latter case, both the decline in collective bargaining coverage and the strong increase in wage dispersion within the group of covered plants have played a substantial role. While education has been another factor contributing to both between-plant and within-plant wage inequality, other candidate factors such as plant size, the exporting status, plant technology, and investment intensity are all of little if any direct quantitative importance for the increase in wage dispersion.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/191381
    Series: Array ; no. 7356 (November 2018)
    Subjects: wage inequality; decomposition; RIF-regression; linked employer-employee data
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  8. The regional effects of Germany's national minimum wage
    Author: Ahlfeldt, Gabriel M.; Roth, Duncan; Seidel, Tobias
    Published: 20 June 2018
    Publisher:  Centre for Economic Policy Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    W 32 (13005)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Array ; DP 13005
    Subjects: Mindestlohn; Lohnpolitik; Wirkungsanalyse; Lohnstruktur; Region; Beschäftigungseffekt; Deutschland; difference-in-differences; employment; Germany; minimum wage; wage inequality
    Scope: 8, 6 Seiten, Illustrationen
    Notes:

    Erscheint auch als Online-Ausgabe
  9. Decomposing real wage changes in the United States
    Author: Fernández-Val, Iván; Vuuren, Aico van; Vella, Francis
    Published: December 2018
    Publisher:  IZA, Bonn, Germany

    We employ CPS data to analyze the sources of hourly real wage changes in the United States for 1976 to 2016 at various quantiles of the wage distribution. We account for the selection bias from the annual hours of work decision by developing and... more

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    We employ CPS data to analyze the sources of hourly real wage changes in the United States for 1976 to 2016 at various quantiles of the wage distribution. We account for the selection bias from the annual hours of work decision by developing and implementing an estimator for nonseparable selection models with censored selection rules. We then decompose wage changes into composition, structural and selection effects. Composition effects have increased wages at all quantiles but the patterns of wage changes are generally determined by the structural effects. Evidence of changes in the selection effects only appear at lower quantiles of the female wage distribution. The combination of these various components produce a substantial increase in wage inequality. This increase has been exacerbated by the changes in females' working hours.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/193338
    Series: Discussion paper series / IZA ; no. 12044
    Subjects: wage inequality; wage decomposition; nonseparable model; selection bias
    Scope: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  10. Taking stock of South African income inequality
    Author: Leibbrandt, Murray V.; Ranchhod, Vimal; Green, Pippa
    Published: December 2018
    Publisher:  United Nations University World Institute for Development Economics Research, Helsinki, Finland

    We synthesize the findings from several recent papers on South Africa's very high income inequality. These papers use new datasets—including income tax data—and new empirical methods to investigate the drivers of household income and individual... more

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    We synthesize the findings from several recent papers on South Africa's very high income inequality. These papers use new datasets—including income tax data—and new empirical methods to investigate the drivers of household income and individual earnings inequality in South Africa. Increased returns to experience and an increased rate of return to tertiary qualifications are key drivers of a widening earnings distribution. Tax data merged with survey data show that those at the top of the earnings and income distributions have done well in both absolute and relative terms, thus increasing inequality. Direct taxes and social grants are progressive, indirect taxes are less progressive, and tax exemptions for health insurance and pension fund contributions are regressive. A significant proportion of the current middle class are vulnerable to falling into poverty. Overall, South Africa has not made progress in reducing its extreme inequality over the last decade.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789292566265
    Other identifier:
    hdl: 10419/211222
    Series: WIDER working paper ; 2018, 184
    Subjects: earnings personal income tax; income distribution; South Africa; wage inequality
    Scope: 1 Online-Ressource (circa 23 Seiten), Illustrationen
  11. Unions and wage inequality
    the roles of gender, skill and public sector employment
    Author: Card, David E.; Lemieux, Thomas; Riddell, William Craig
    Published: November 2018
    Publisher:  IZA, Bonn, Germany

    We examine the changing relationship between unionization and wage inequality in Canada and the United States. Our study is motivated by profound recent changes in the composition of the unionized workforce. Historically, union jobs were concentrated... more

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    We examine the changing relationship between unionization and wage inequality in Canada and the United States. Our study is motivated by profound recent changes in the composition of the unionized workforce. Historically, union jobs were concentrated among low-skilled men in private sector industries. With the steady decline in private sector unionization and rising influence in the public sector, unionization is now five times higher in the public than the private sector in both countries. Though the public sector represents only 15-20% of employment, half of unionized workers are in the public sector. Accompanying these changes was a remarkable rise in the share of women among unionized workers. Currently, approximately half of unionized employees in North America are women. While early studies of unions and inequality focused on males, recent studies examine both and reveal striking gender differences. A consistent - and puzzling - finding is that unions reduce wage inequality among men but not among women. In both countries we find striking differences between the private and public sectors in the effects of unionization on wage inequality. These differences have become more pronounced over time. At present, unions reduce economy-wide wage inequality by less than 10% in both countries. However, union impacts on wage inequality are much larger in the public sector. Once we disaggregate by sector the effects of unions on male and female wage inequality no longer differ. The key differences in union impacts are between the public and private sectors - not between males and females.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/193258
    Series: Discussion paper series / IZA ; no. 11964
    Subjects: wage inequality; wage structure; unions; collective bargaining; Canada; United States; public sector
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen