全球智库信息集成服务系统(G2TT): DP13720 Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S.

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP13720
	DP13720 Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S.
	Mariacristina De Nardi; Giulio Fella; Marike Knoef; Raun van Ooijen
发表日期	2019-05-07
出版年	2019
语种	英语
摘要	We document new facts on the dynamics of male wages and earnings, household earnings, and before- and after-tax income in the Netherlands and the United States. We find that, in both countries, earnings display rich dynamics, including substantial asymmetries and nonlinearities by age and previous earnings levels. Most of these dynamics, particularly in the Netherlands, are related to fluctuations in hours worked rather than in wages. Individual-level male wage and earnings risk is relatively high at the beginning and end of one’s working life, and for those in the lower and upper parts of the income distribution. In the Netherlands, government transfers are a major source of insurance. They have notable effects on the standard deviation, skewness and kurtosis of income changes. In the U.S. the role of family insurance is much larger than in the Netherlands. Family and government insurance reduce, but do not eliminate non-linearities in household disposable income by age and previous earnings in both countries.
主题	Macroeconomics and Growth ; Public Economics
关键词	Wage risk Earnings risk Government insurance Family insurance
URL	https://cepr.org/publications/dp13720-0
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/542582
推荐引用方式 GB/T 7714	Mariacristina De Nardi,Giulio Fella,Marike Knoef,et al. DP13720 Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S.. 2019.