The Evolution of Individual Male Earnings in Great Britain
1975–95
Bibliographic Data
| ID | 9717536 |
|---|---|
| Authors | Richard Dickens (0000-0001-5412-9588, London School of Economics and Political Science, corresponding author) |
| Year | 2000 |
| Volume | 110 |
| Issue | 460 |
| Pages | 27-49 |
| Publication date | 2000-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/1468-0297.00489 |
| OpenAlex | W2008733417 |
| Language | EN |
| Citations received | 16 |
| References cited | 7 |
I study the dynamic structure of male wages in Great Britain using the New Earnings Survey Panel from 1975–95. Computing auto‐covariances of individual wages by cohort I find evidence of a permanent component of earnings that increases over the life cycle and a highly persistent, serially correlated transitory component. In addition, the estimated variances of both these components have risen over this period, each explaining about half the rise in inequality. Using individual's occupation at age 22, I split the sample into four skill groups. I find some differences across these groups, with the rise in the permanent variance most important for the manual groups
Demographic economics · Earnings · Econometrics · Economics · Inequality · Labour economics · Sample (material · Sociology · Statistics · Variance (accounting · Variance components · Demography · Gender, Labor, and Family Dynamics · Intergenerational and Educational Inequality Studies · Labor market dynamics and wage inequality · Mathematics
Unemployment
Changes in intergenerational mobility in Britain
The Effects of Technical Change on Labor Market Inequalities
Does the Income Volatility Decline in India? Evidence From a Household Survey
Household Earnings and Income Volatility in the UK, 2009–2017
Income Satisfaction Inequality and its Causes
Identification of the covariance structure of earnings using the GMM estimator
Robert Moffitt and Peter Gottschalk’s 1995 paper ‘Trends in the covariance structure of earnings in the US
Being in the market
Urban effects on participation and wages
The Macroeconomic Implications of Rising Wage Inequality in the United States
Micro- and Macroeconomic Implications of Heterogeneity in the Production of Human Capital
The Covariance Structure of Earnings in Great Britain, 1991–1999
Unemployment Insurance, Wage Dynamics and Inequality Over the Life Cycle
Characterising life-cycle dynamics of annual days of work, wages, and cross-covariances
Occupations and British Wage Inequality, 1970s-2000s
The use of time series processes to model the error structure of earnings in a longitudinal data analysis
Wage Mobility in the United States
Wage Inequality and the Rise in Returns to Skill
Job Matching and the Theory of Turnover
Low Pay Dynamics and Transition Probabilities
Earnings Mobility, Family Income and Low Pay
Age and the Distribution of Earnings
| Unique citing works | 16 |
|---|---|
| Citations per year | 0,7 |
| Citation span | 2003 - 2026 (24) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 16 |