Cross-national trends in earnings inequality and instability

We compare trends in earnings inequality in the United States, Germany, and Great Britain. Estimation of a heterogeneous growth model of permanent and transitory earnings variation reveals substantial convergence in the permanent component of inequality in these countries during the 1990s.

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Bibliographic Details
Published in:Economics letters 2008-05, Vol.99 (2), p.215-219
Main Authors: Daly, Mary C., Valletta, Robert G.
Format: Article
Language:English
Subjects:
Comparative
Comparative economics
Convergence
Cross-national analysis
Earnings
Earnings inequality
Economic growth
Germany
Inequality
U.S.A
United Kingdom
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Description
Summary:We compare trends in earnings inequality in the United States, Germany, and Great Britain. Estimation of a heterogeneous growth model of permanent and transitory earnings variation reveals substantial convergence in the permanent component of inequality in these countries during the 1990s.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2007.04.019