Inequality : causes and consequences / / edited by Lorenzo Cappellari, Solomon W. Polachek, Konstantinos Tatsiramos

• Record Nr.: UNINA9910465933603321
• Pubbl/distr/stampa: Bingley, England : , : Emerald, , 2016; ©2016
• ISBN: 1-78560-810-X
• Edizione: [First edition.]
• Descrizione fisica: 1 online resource (491 p.)
• Collana: Research in Labor Economics, , 0147-9121 ; ; Volume 43
• Disciplina: 339.2
• Soggetti: Income distribution; Wage differentials; Equality - Economic aspects; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Front Cover; Inequality: Causes and Consequences; Copyright page; Contents; Editorial Advisory Board; Preface; Inequality of Opportunity in Europe: Is There a Role for Institutions?; 1. Introduction; 2. Measuring Opportunity Inequality: A Simple Model; 3. The Empirical Analysis: Income Inequality and Opportunity Inequality in Europe; 3.1. Data Description; 3.2. Circumstances; 3.3. Labour Market Participation; 3.4. Income and Opportunity Inequality Rankings in Europe; 3.5. Measuring Inequality of Opportunities; 4. The Empirical Analysis: Inequality of Opportunity and Institutions; 5. Concluding RemarksReferences; Appendix; Household Lifetime Inequality Estimates in the U.S. Labor Market; 1. Introduction; 2. Model; 2.1. Environment; 2.2. Value Functions; 2.3. Optimal Decision Rules; 3. Data; 3.1. Sample Restrictions; 3.2. Descriptive Statistics; 4. Estimation and Identification; 4.1. Identification; 4.2. Estimation Method; 4.3. Estimation Results; 5. Inequality; 5.1. Simulations and Lifetime Variables; 5.2. Inequality Measures; 5.3. Benchmark Model Results; 5.4. Counterfactual Experiments Results; 5.4.1. Labor Market Structure and Household Inequality; 5.4.2. Decomposition of Gender Differentials in Inequality6. ; Conclusions; References; Estimating the Intergenerational Elasticity and Rank Association in the United States: Overcoming the Current Limitations: Overcoming the currentlimitations of Taxdata ; 1. Introduction; 2. Conceptual Issues; 3. Measurement Issues and the Ideal Intergenerational Sample; 3.1. Measurement Issues; 3.2. Comparisons of Intergenerational Samples; 3.3. Estimating the IGE when Children Have Zero Income; 3.4. Estimating the IGE when Parents Have Zero Income; 4. PSID Data; 5. Results; 5.1. IGE Estimates; 5.2. Robustness Checks5.3. Sensitivity Checks in Chetty et al. (2014); 5.4. Rank-Rank Slope Estimates; 6. Conclusion; References; Income Shocks or Insurance - What Determines Consumption Inequality?; 1. Introduction; 2. The Data; 2.1. The Panel Study of Income Dynamics; 2.2. The Imputation Procedure; 3. Methodological Framework; 3.1. The Income Process; 3.2. The Response of Consumption to Income Shocks; 3.3. Minimum Distance Estimation of the Model Parameters; 4. Results; 4.1. Results of the Minimum Distance Estimation; 4.2. Robustness; 5. Discussion; 6. Conclusion; References; Appendix A: SAMPLE SELECTION AND VARIABLE CONSTRUCTIONAppendix B: THE IMPUTATION PROCEDURE; Appendix C: MINIMUM DISTANCE ESTIMATION; Treatment of Biennial Data; Estimation Procedure; Estimation Results; Appendix D: ROBUSTNESS; The Role of Establishments and the Concentration of Occupations in Wage Inequality; 1. Introduction; 2. The Microdata of the OES Survey; 3. The Role of Establishments; 4. Occupational Concentration: A Link between Establishments and Occupations; 4.1. Measuring Occupational Concentration; 4.2. Relationships between Occupational Concentration Measures and Wages; 4.3. Trends in Occupational Concentration Measures
• Sommario/riassunto: Research in Labor Economics volume 43 contains new and innovative research on the causes and consequences of inequality.