In this article, the effect of wages on the job tenure is studied using microeconomic data on industrial companies. The data cover a period of 11 years starting from the first quarter of 1980 and contain several pieces of information on workers, jobs, and companies. The models were estimated in a competing risk framework. According to the results the wage groups of the workers and relative wage within a company are positively related to the job tenure. These effects are larger among the persons who leave the industry than among the persons who find new industrial jobs.
This paper compares the income and welfare distributions of Spanish households, with the objective of determining whether the first is a good indicator of the second. We consider different inequality measures of both adjusted income and welfare. The results show that the income ranking does not represent the welfare ranking of households and, secondly, that monetary inequality is higher than welfare inequality, which gives support to the idea that leisure time has a compensating effect on household welfare.
This paper suggests an improvement in the traditional testing procedure of dominance relations associated with empirical Lorenz curves and their generalizations. This improvement is based on simulating the asymptotic distribution of the test statistic. The simulation approach asymptotically dominates the traditional approach since the traditional method for calculating critical values establishes an upper bound for the simulated critical value. A gain in power is demonstrated in the empirical part of the paper dealing with the evolution of the distribution of disposable income in Finland between 1971 and 1994.
This paper examines the empirical relationships between economic performance, transfers, and low income among Canadian families, and explores whether these relationships have changed over time. Similar recent studies in the US find a weakening in the negative relationship between economic growth and low income over the past 25 years. Using data extracted from the Canadian Survey of Consumer Finances (SCF), we find that improving economic performance reduces the incidence of low income among families in Canada from 1973 to 1995. Government transfers are also found to lift families above the low-income threshold. These results are robust across different family types and for three different measures of low income.
This paper presents a method of examining the effects of macroeconomic variables on the personal distribution of income over time. The approach involves modelling the complete distribution of income in each year using a flexible functional form from the generalised exponential family of distributions. The parameters of the distribution are specified as functions of the macroeconomic variables. It is shown how comparative static analyses, involving the modes and Atkinson inequality measures, can be performed. The method is applied to male New Zealand income distribution data for the period 1985–1994. The rate of unemployment is found to be the primary influence on the form of the distribution. Higher unemployment is found to decrease the modal income and increase the Atkinson inequality measure.
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：