Earnings, labor market dynamics, and inequality in Sweden

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2023-12-18 DOI:10.1111/sjoe.12553

Johan Holmberg

引用次数: 0

Abstract

In this paper, we develop a comprehensive model of earnings and labor market dynamics, where employment and job change are endogenous. The model is estimated by applying the method of indirect inference on Swedish register data and then used to carry out some policy experiments. There are three key conclusions from these experiments. First, employment shocks early in life can to a larger extent be mitigated before retirement compared to employment shocks occurring later. Second, we find that idiosyncratic productivity shocks, unobserved heterogeneity, and education contribute substantially to life cycle earnings inequality. Finally, we find that transitory shocks to employment risk have negative effects on earnings and employment in the short run but may increase labor market fluidity in the medium run.

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瑞典的收入、劳动力市场动态和不平等现象

在本文中，我们建立了一个收入和劳动力市场动态的综合模型，其中就业和工作变动是内生的。通过对瑞典登记数据采用间接推断法对该模型进行了估计，然后利用该模型进行了一些政策实验。这些实验得出了三个重要结论。首先，与较晚发生的就业冲击相比，人生早期的就业冲击可以在退休前得到较大程度的缓解。其次，我们发现特异性生产率冲击、未观察到的异质性和教育在很大程度上导致了生命周期收入的不平等。最后，我们发现就业风险的短期冲击在短期内会对收入和就业产生负面影响，但在中期内可能会增加劳动力市场的流动性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.