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The Evolution of Individual Male Earnings in Great Britain

1975–95

Datos Bibliográficos

ID9717536
AutoresRichard Dickens (0000-0001-5412-9588, London School of Economics and Political Science, autor de correspondencia)
Año2000
Volumen110
Número460
Páginas27-49
Fecha de publicación2000-01-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Economic Journal (JOURNAL)
Identificadores de la revistaISSN: 0013-0133 • E-ISSN: 1468-0297
EditorialOxford University Press (OUP) (PUBLISHER)
DOI10.1111/1468-0297.00489
OpenAlexW2008733417
IdiomaEN
Citas recibidas16
Referencias citadas7

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

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    Richard Layard, P R G Layard et al.•Unemployment•2005

  • Changes in intergenerational mobility in Britain

    Open Access•Jo Blanden, Joanne Blanden et al.•Generational income mobility in…•2004

  • The Effects of Technical Change on Labor Market Inequalities

    Open Access•Andreas Hornstein, Per Krusell et al.•SSRN Electronic Journal•2004

  • Does the Income Volatility Decline in India? Evidence From a Household Survey

    Open Access•Annmary Jose, Rintu Anthony•Journal of Public Affairs•2026

  • Household Earnings and Income Volatility in the UK, 2009–2017

    Open Access•Avram, Mike Brewer et al.•The Journal of Economic Inequality•2021

  • Income Satisfaction Inequality and its Causes

    Open Access•Ada Ferrer-I-Carbonell, Bernard M S Van Praag•The Journal of Economic Inequality•2003

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    George L Clark, Roberto Durán-Fernández et al.•Journal of Economic Geography•2009

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    Open Access•Euan Phimister•Journal of Urban Economics•2005

  • The Macroeconomic Implications of Rising Wage Inequality in the United States

    Jonathan Heathcote, Kjetil Storesletten et al.•Journal of Political Economy•2010

  • Micro- and Macroeconomic Implications of Heterogeneity in the Production of Human Capital

    Solomon William Polachek, Tirthatanmoy Das et al.•Journal of Political Economy•2015

  • The Covariance Structure of Earnings in Great Britain, 1991–1999

    Open Access•Xavier Ramos•Economica•2003

  • Unemployment Insurance, Wage Dynamics and Inequality Over the Life Cycle

    Open Access•Paul Bingley, Lorenzo Cappellari et al.•The Economic Journal•2013

  • Characterising life-cycle dynamics of annual days of work, wages, and cross-covariances

    Open Access•Koray Aktaş•The Journal of Economic Inequality•2024

  • Occupations and British Wage Inequality, 1970s-2000s

    M Williams•European Sociological Review•2013

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    Open Access•Thomas MaCurdy, Thomas E MaCurdy•Journal of Econometrics•1982

  • Wage Mobility in the United States

    Moshe Buchinsky, Jennifer Hunt•The Review of Economics and…•1999

  • Wage Inequality and the Rise in Returns to Skill

    Chinhui Juhn, Kevin Murphy et al.•Journal of Political Economy•1993

  • Job Matching and the Theory of Turnover

    Boyan Jovanovic•Journal of Political Economy•1979

  • Low Pay Dynamics and Transition Probabilities

    Open Access•Mark B Stewart, Joanna K Swaffield•Economica•1999

  • Earnings Mobility, Family Income and Low Pay

    P J Sloane, Ioannis Theodossiou•The Economic Journal•1996

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    John Creedy, P E Hart•The Economic Journal•1979

Obras citantes distintas16
Citas por año0,7
Intervalo de citas2003 - 2026 (24)
Velocidad de citacióncurrent
Altamente citadoNo
Tipos de citaNeutras: 16
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