منابع مشابه
Earnings Dynamics and Firm Level Shocks
There has been an increased interest in understanding pay policies of firms, and in particular the extent to which firm level productivity shocks are transmitted to worker’s wages. Such departures from perfect competition and the law of one price have been motivated by the developments in search theory starting by the seminal models of Burdett and Mortensen (1998) and Mortensen and Pissarides (...
متن کاملEarnings and Consumption Dynamics: A Nonlinear Panel Data Framework∗
We develop a new quantile-based framework to study the nonlinear relationship between shocks to household earnings and consumption over the life cycle. Log-earnings are the sum of a general Markovian persistent component and a transitory innovation. Consumption is modeled as an age-dependent nonlinear function of assets and the two earnings components. We establish the nonparametric identificat...
متن کاملUncertainty in Human Capital Investment and Earnings Dynamics
There is a literature that examines the statistical properties of earnings dynamics by testing heterogeneous growth against random walk. This test is of great consequence because rejection of heterogeneous growth has often been interpreted as rejection of a key role for heterogeneity in human capital investment over the life-cycle. This paper shows that optimal life-cycle investment behavior im...
متن کاملThe dynamics and inequality of Italian male earnings: permanent
This paper looks at longitudinal aspects of changes in Italian male earnings inequality since the late 1970s by decomposing the earnings autocovariance structure into its persistent and transitory parts. Cross-sectional earnings differentials are found to grow over the period. The longitudinal analysis shows that such growth is determined by the permanent earnings component and is due both to a...
متن کاملModeling of Real Estate Income Tax: System Dynamics Approach
This study aims to design a model to realize real estate income tax in Tabriz city with due attention to the tax collection process. According to the related literature, the variables of "tax payment," "real estate," "tax evasion," "investment incentive," "rent and real estate speculation," and "advertisement in tax collection" are considered as key variables, affecting the conceptual model of ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2009
ISSN: 1556-5068
DOI: 10.2139/ssrn.1370513