Earnings Dynamics And Inequality Among Canadian Men 1976 1992
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Author | : Michael Baker |
Publisher | : |
Total Pages | : 88 |
Release | : 1999 |
Genre | : Economic surveys |
ISBN | : |
Several recent studies have found that earnings inequality in Canada has grown considerably since the late 1970's. Using an extraordinary data base drawn from longitudinal income tax records, we decompose this growth in earnings inequality into its persistent and transitory components. We find that the growth in earnings inequality reflects both an increase in long-run inequality and an increase in earnings instability. The large size of our earnings panel allows us to estimate and test richer models of earnings dynamics than could be supported by the relatively small panel surveys used in U.S. research. The Canadian data strongly reject several restrictions commonly imposed in the U.S. literature, and they also suggest that imposing these evidently false restrictions may lead to distorted inferences about earnings dynamics and inequality trends.
Author | : John Creedy |
Publisher | : Emerald Group Publishing |
Total Pages | : 369 |
Release | : 2006-07-01 |
Genre | : Business & Economics |
ISBN | : 0762313501 |
Consists of papers related to the theme of the dynamics of inequality and poverty that are subdivided into four separate parts. This volume examines inequality and poverty over time, the intergenerational transfer of poverty, inequality over time, and measurement issues. The chapters discuss inequality and poverty in developed countries.
Author | : A B Atkinson |
Publisher | : OUP Oxford |
Total Pages | : 506 |
Release | : 2008-05-01 |
Genre | : Business & Economics |
ISBN | : 0191538558 |
This book is about how much people earn and why the distribution of earnings has been changing over time. The gap between the top and bottom in the United States has widened significantly since 1980. Why has this happened? Is it due to new technologies? What is the role of globalisation? Are there historical precedents? The book begins with the "race" between technology and education, and shows that continuing technical progress does not necessarily imply a continuing rise in dispersion. It then examines the experience of 20 OECD countries over the twentieth century, material presented in the form of 20 country case studies. The book breaks new ground in assembling data on the distribution of individual earnings covering much of the twentieth century and drawing on a variety of under-exploited sources. The findings overturn a number of widely-held beliefs. It is not the earnings of the low paid that have been most affected by the recent changes; widening is largely due to what is happening at the top. The recent rise in earnings dispersion is not unprecedented, but should be seen as part of a longer-run history of successive compression and expansion of earnings differences.
Author | : David A. Green |
Publisher | : UBC Press |
Total Pages | : 498 |
Release | : 2011-11-01 |
Genre | : Political Science |
ISBN | : 0774840579 |
Is Canada becoming a more polarized society? Or is it a kind-hearted nation that takes care of its disadvantaged? This volume closely examines these differing views through a careful analysis of the causes, trends, and dimensions of inequality to provide an overall assessment of the state of inequality in Canada. Contributors include economists, sociologists, philosophers, and political scientists, and the discussion ranges from frameworks for thinking about inequality, to original analyses using Canadian data, to assessments of significant policy issues, methodologies, and research directions. What emerges is the most detailed picture of inequality in Canada to date and, disturbingly, one that shows signs of us becoming a less just society. An invaluable source of information for policy makers, researchers, and students from a broad variety of disciplines, Dimensions of Inequality in Canada will also appeal to readers interested or involved in public debates over inequality.
Author | : A. B. Atkinson |
Publisher | : OUP Oxford |
Total Pages | : 608 |
Release | : 2007-05-10 |
Genre | : Business & Economics |
ISBN | : 0191608726 |
Based on a pioneering research programme on the evolution of top incomes, this volume brings together studies from 10 OECD countries. This rapidly growing field of economic research investigates the top segment of the income distribution by using data from income tax records over the past century. As well as describing the source data and methods employed, the authors also discuss the dramatic changes that have occurred at the top of the income scale throughout the 20th century. This fascinating study is the first of its kind to provide a comprehensive historic overview of top income distribution over the last century. It looks at why top incomes shares fell markedly in the first half of the 20th century and why, more recently, there has been a striking difference in the top income distribution between continental Europe and English-speaking OECD countries, like the UK, USA, and Australia. Written by the top names in the field, this seminal work provides rich pickings for those with an interest in inequality, development, the economic impact of war, taxation, economic history, and executive compensation.
Author | : J. Hellier |
Publisher | : Springer |
Total Pages | : 347 |
Release | : 2012-11-13 |
Genre | : Business & Economics |
ISBN | : 1137283300 |
This book explores the widening gap between the wage packets of skilled and unskilled workers that has become a pressing issue for all states in the globalized world economy. Comparing the experiences of more and less developed economies, chapters analyse the underlying causes and key social changes that accompany income inequality.
Author | : Wiemer Salverda |
Publisher | : Oxford University Press |
Total Pages | : 759 |
Release | : 2009-02-19 |
Genre | : Business & Economics |
ISBN | : 0199231370 |
Comprehensive analysis of economic inequality in developed countries. The contributors give their view on the state-of-the-art scientific research in their fields and add their own visions of future research.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 94 |
Release | : 2023-12-12 |
Genre | : |
ISBN | : 926480532X |
Recognising that individuals’ jobs and circumstances can change multiple times in a year, this report uses novel techniques to identify who is most exposed to income instability in European OECD countries and examines the effects it has on their lives, social mobility, and inequality.
Author | : Mr.Tom Krebs |
Publisher | : International Monetary Fund |
Total Pages | : 28 |
Release | : 2013-01-28 |
Genre | : Business & Economics |
ISBN | : 1475567561 |
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an AR(1) component representing persistent changes in income. We use a tractable consumption-saving model with labor income risk and incomplete markets to relate income dynamics to consumption and welfare, and derive analytical expressions for income mobility and welfare as a function of the various parameters of the underlying income process. The empirical application of our framework using data on individual incomes from Mexico provides striking results. Much of measured income mobility is driven by measurement error or transitory income shocks and therefore (almost) welfare-neutral. A smaller part of measured income mobility is due to either welfare-reducing income risk or welfare-enhancing catching-up of low-income individuals with high-income individuals, both of which have economically significant effects on social welfare. Decomposing mobility into its fundamental components is thus seen to be crucial from the standpoint of welfare evaluation.
Author | : Anthony B. Atkinson |
Publisher | : Elsevier |
Total Pages | : 2370 |
Release | : 2014-12-30 |
Genre | : Business & Economics |
ISBN | : 0444594760 |
What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment. - The volumes define and organize key areas of income distribution studies - Contributors focus on identifying newly developing questions and opportunities for future research - The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance