Heterogeneity and wage inequalities over the life cycle

B-Tier
Journal: European Economic Review
Year: 2021
Volume: 134
Issue: C

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Using data on French male wage workers observed over 30 years, we estimate by random and fixed effect methods a wage equation with pervasive heterogeneity. Individual wage profiles are derived from a human capital investment model and described by a level, a slope and a curvature. Among others, our empirical application delivers original results on issues like the Mincer dip, and the time-varying correlations between wage growth and levels, or between initial wages and growth. Static and long-run inequality indices can easily be compared and decomposed into their multidimensional components.

Technical Details

RePEc Handle
repec:eee:eecrev:v:134:y:2021:i:c:s0014292121000684
Journal Field
General
Author Count
2
Added to Database
2026-01-25