G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4761
DP4761 Financial Market Development and the Rise in Firm Level Uncertainty
David Thesmar
发表日期2004-11-23
出版年2004
语种英语
摘要Data on the life-cycle profiles of inequality in wages, earnings, hours worked and consumption contains precious information for answering questions about the ability of households to insure labor market risk and about the sources of this risk. This Paper demonstrates that the choice of whether to control for cohort effects or for time effects has a drastic impact on the estimated age profiles for inequality and, thus, on the answers to those questions. It also shows that time effects are required to account for the observed trends in inequality in thirty years of US data, whereas there is no evidence that cohort effects have been important.
主题Labour Economics
关键词Wage inequality Consumption inequality Cohort effects Labour supply
URLhttps://cepr.org/publications/dp4761
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533676
推荐引用方式
GB/T 7714
David Thesmar. DP4761 Financial Market Development and the Rise in Firm Level Uncertainty. 2004.
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