ERN: Wages; Intergenerational Income Distribution (Topic)最新文献_第7页

Less Equal and Less Mobile: Evidence of a Decline in Intergenerational Income Mobility in the United States 不平等和流动性下降:美国代际收入流动性下降的证据

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2013-12-01 DOI: 10.2139/ssrn.2370189

Moshe Justman, A. Krush

{"title":"Less Equal and Less Mobile: Evidence of a Decline in Intergenerational Income Mobility in the United States","authors":"Moshe Justman, A. Krush","doi":"10.2139/ssrn.2370189","DOIUrl":"https://doi.org/10.2139/ssrn.2370189","url":null,"abstract":"We identify a declining trend in the intergenerational mobility of men’s family income in the United States for sons aged 36-45 between 1997 and 2011, corresponding to fifteen successive rolling ten-year cohort-groups born between 1952 and 1975. Using PSID data to 2008, we first predict fathers’ and sons’ income at age forty within each cohort-group, as a proxy for lifetime income, and then regress sons’ lifetime income on their fathers’ income, in logarithmic form, within each group. This yields fifteen successive estimates of the intergenerational elasticity (IGE) of income, ranging from a low of 0.421 for sons aged 36-45 in 1997 through a high of 0.516 for 2007 to a final value of .483 for 2011, with a statistically significant annual slope of .0037. Intergenerational correlations and rank correlations similarly exhibit a significant rising trend in this period, as does the IGE of men’s earnings, all of which indicate declining intergenerational mobility. The Gini coefficient of sons’ lifetime income within these fifteen successive cohort-groups also increases, exhibiting a correlation of 0.71 with our IGE estimates and leading us to conclude that as the United States economy has become less equal in recent years it has also become less mobile.","PeriodicalId":196465,"journal":{"name":"ERN: Wages; Intergenerational Income Distribution (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127451575","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 9

Endogenous Wage Indexation and Aggregate Shocks 内生工资指数化与总体冲击

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2013-11-01 DOI: 10.36095/BANXICO/DI.2013.19

J. Carrillo, G. Peersman, J. Wauters

引用次数: 3

Educational Attainment, Wages and Employment of Second-Generation Immigrants in France 法国第二代移民的受教育程度、工资与就业

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2013-09-18 DOI: 10.2139/ssrn.2342288

G. Langevin, David Masclet, Fabien Moizeau, Emmanuel Peterlé

{"title":"Educational Attainment, Wages and Employment of Second-Generation Immigrants in France","authors":"G. Langevin, David Masclet, Fabien Moizeau, Emmanuel Peterlé","doi":"10.2139/ssrn.2342288","DOIUrl":"https://doi.org/10.2139/ssrn.2342288","url":null,"abstract":"We use data from the Trajectoires et Origines survey to analyze the labor-market outcomes of both second-generation immigrants and their French native counterparts. Second-generation immigrants have on average a lower probability of employment and lower wages than French natives. We find however considerable differences between second-generation immigrants depending on their origin: while those originating from Northern Africa, Sub-Saharan Africa and Turkey are less likely to be employed and receive lower wages than French natives, second-generation immigrants with Asian or Southern- and Eastern-European origins do not differ significantly from their French native counterparts. The employment gap between French natives and second generation immigrants is mainly explained by differences in their education; education is also an important determinant of the ethnic wage gap. Finally we show that these differences in educational attainment are mainly explained by family background. Although the role of discrimination cannot be denied, our findings do point out the importance of family background in explaining lifelong ethnic inequalities.","PeriodicalId":196465,"journal":{"name":"ERN: Wages; Intergenerational Income Distribution (Topic)","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115835448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

Revisiting Italian Emigration Before the Great War: A Test of the Standard Economic Model 回顾一战前的意大利移民:对标准经济模型的检验

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2013-09-01 DOI: 10.2139/ssrn.2336910

P. Ardeni, Andrea Gentili

引用次数: 1

Skewness and Kurtosis Properties of Income Distribution Models 收入分配模型的偏度和峰度性质

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2013-06-01 DOI: 10.1111/j.1475-4991.2011.00478.x

James B. McDonald, J. Sorensen, P. Turley

引用次数: 45

Learning about Wage and Price Mark-Ups in Euro Area Countries 了解欧元区国家的工资和价格上涨

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2013-02-07 DOI: 10.2139/ssrn.2213333

E. Angelini, A. Dieppe, Beatrice Pierluigi

引用次数: 7

Does Immigration, Particularly Increases in Latinos, Affect African American Wages, Unemployment and Incarceration Rates? 移民，尤其是拉美裔移民的增加，会影响非裔美国人的工资、失业率和监禁率吗?

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2012-12-08 DOI: 10.2139/ssrn.2186978

Jack Strauss

引用次数: 0

The Impact of Legal Abortion on the Wage Distribution: Evidence from the 1970 New York Abortion Reform 合法堕胎对工资分配的影响:来自1970年纽约堕胎改革的证据

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2012-11-26 DOI: 10.2139/ssrn.2181061

Dana Rotz

{"title":"The Impact of Legal Abortion on the Wage Distribution: Evidence from the 1970 New York Abortion Reform","authors":"Dana Rotz","doi":"10.2139/ssrn.2181061","DOIUrl":"https://doi.org/10.2139/ssrn.2181061","url":null,"abstract":"Three years before the ruling on Roe v. Wade, New York became the first state to allow all women legal access to abortion on demand. In this study, I determine the extent to which this change in reproductive rights impacted the characteristics of mothers giving birth in New York, their newborns, and these children’s future wages. I first use birth certificate data and a regression discontinuity design to examine the socioeconomic status of infants conceived in the weeks before and after New York’s reform. This analysis suggests that after abortion’s legalization, children were born into families with greater resources. Next, using reported age and quarter of birth in the 2005 to 2010 American Community Surveys, I estimate the probability that a worker’s mother completed her first trimester of pregnancy after the New York reform and thus had access to legal abortion. I then compare the wages of native-born New Yorkers reporting the same age (in whole years) but with different estimates of mother’s abortion access. By allowing women to better-time their births, the legalization of abortion increased the eventual wages of black, Hispanic, and lower-wage workers.","PeriodicalId":196465,"journal":{"name":"ERN: Wages; Intergenerational Income Distribution (Topic)","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122803867","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 8

How Should Benefits and Costs Be Discounted in an Intergenerational Context? 在代际背景下，收益和成本应该如何贴现?

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2012-10-12 DOI: 10.2139/ssrn.2165532

M. Cropper

{"title":"How Should Benefits and Costs Be Discounted in an Intergenerational Context?","authors":"M. Cropper","doi":"10.2139/ssrn.2165532","DOIUrl":"https://doi.org/10.2139/ssrn.2165532","url":null,"abstract":"Should governments, in discounting the future benefits and costs of public projects, use a discount rate that declines over time? The argument for a declining discount rate is a simple one: if the discount rates that will be applied in the future are persistent, and if the analyst can assign probabilities to these discount rates, this will result in a declining schedule of certainty-equivalent discount rates. A growing empirical literature estimates models of long-term interest rates and uses them to forecast the declining discount rate schedule. I briefly review this literature, focusing on models for the United States. This literature has, however, been criticized for a lack of connection to the theory of project evaluation. In cost-benefit analysis, the net benefits of a project in year t (in consumption units) are to be discounted to the present at the rate at which society would trade consumption in year t for consumption in the present. With simplifying assumptions, this leads to the Ramsey discounting formula. The Ramsey formula results in a declining certainty-equivalent discount rate if the rate of growth in consumption is uncertain and if shocks to consumption are correlated over time. Using the extended Ramsey formula to estimate a numerical schedule of certainty-equivalent discount rates is, however, challenging.","PeriodicalId":196465,"journal":{"name":"ERN: Wages; Intergenerational Income Distribution (Topic)","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115083979","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 57

On the Merits of Meritocracy 论精英政治的优点

ERN: Wages; Intergenerational Income Distribution (Topic) Pub Date : 2012-04-25 DOI: 10.2139/ssrn.2045954

J. Morgan, D. Sisak, Felix Várdy

引用次数: 18