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Labor Earnings Mobility and Inequality in the United States and Germany During the Growth Years of the 1980s / Richard V. Burkhauser, Douglas Holtz-Eakin, Stephen E. Rhody.
- Format:
- Book
- Author/Creator:
- Burkhauser, Richard V.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w5988.
- NBER working paper series no. w5988
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1997.
- Summary:
- Recent years have witnessed increased interest in issues of inequality and mobility in the labor market. Using data from the Panel Study of Income Dynamics and the German Socio-Economic Panel, we compare the labor earnings mobility of prime age men and women in the United States and Germany during the growth years of the 1980s. Despite major differences in labor market institutions we find very similar patterns in the two countries. Our formal models of labor earnings dynamics suggest a great deal of persistence in both countries. In the United States this may derive from permanent individual-specific differences among men, while in Germany random shocks are found to persist longer for men. Women in Germany and the United States have similar earnings dynamics.
- Notes:
- Print version record
- April 1997.
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