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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25832 |
来源ID | Working Paper 25832 |
Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S. | |
Mariacristina De Nardi; Giulio Fella; Marike G. Knoef; Gonzalo Paz-Pardo; Raun Van Ooijen | |
发表日期 | 2019-05-13 |
出版年 | 2019 |
语种 | 英语 |
摘要 | We document new facts about risk in male wages and earnings, household earnings, and pre- and post-tax income in the Netherlands and the United States. We find that, in both countries, earnings display important deviations from the typical assumptions of linearity and normality. Individual-level male wage and earnings risk is relatively high at the beginning and end of the working life, and for those in the lower and upper parts of the income distribution. Hours are the main driver of the negative skewness and, to a lesser extent, the high kurtosis of earnings changes. Even though we find no evidence of added-worker effects, the presence of spousal earnings reduces the variability of household income compared to that of male earnings. In the Netherlands, government transfers are a major source of insurance, substantially reducing the standard deviation, negative 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 nonlinearities in household disposable income by age and previous earnings in either country. |
主题 | Public Economics ; Taxation |
URL | https://www.nber.org/papers/w25832 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583504 |
推荐引用方式 GB/T 7714 | Mariacristina De Nardi,Giulio Fella,Marike G. Knoef,et al. Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S.. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25832.pdf(2308KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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