current population survey;
occupations;
pareto;
tail index;
top-coding;
wage inequality;
weekly wage distribution;
CURRENT POPULATION SURVEY;
UNITED-STATES;
EARNINGS INEQUALITY;
RECENT TRENDS;
TOP INCOMES;
POLARIZATION;
TAIL;
DEMAND;
JOBS;
SKILL;
D O I:
10.1111/ecin.13119
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
A conditional tail index estimator is introduced which explicitly allows for right-tail censoring (top-coding). We show that the factor values used to adjust top-coded wages have changed over time and depend on individuals' characteristics, occupations and industries, and propose suitable values. Specifically, contrasting the results of our approach with those of a conservative fixed adjustment factor of 1.5 (used in the literature), suggests that wage inequality in 2017 measured with the Gini coefficient is larger than that suggested by the fixed adjustment factor.
机构:
Korea Inst Int Econ Policy KIEP, 370 Sicheong Daero, Sejong Si 30147, South KoreaKorea Inst Int Econ Policy KIEP, 370 Sicheong Daero, Sejong Si 30147, South Korea
Joe, Dong-Hee
Moon, Seongman
论文数: 0引用数: 0
h-index: 0
机构:
Jeonbuk Natl Univ, 567 Baekje Daero, Jeonju Si 54896, Jeollabuk Do, South KoreaKorea Inst Int Econ Policy KIEP, 370 Sicheong Daero, Sejong Si 30147, South Korea
机构:
Univ Hawaii Manoa, Dept Econ, Saunders Hall 531,2424 Maile Way, Honolulu, HI 96822 USAUniv Hawaii Manoa, Dept Econ, Saunders Hall 531,2424 Maile Way, Honolulu, HI 96822 USA
Karacaovali, Baybars
Tabakis, Chrysostomos
论文数: 0引用数: 0
h-index: 0
机构:
KDI Sch Publ Policy & Management, Sejong, South KoreaUniv Hawaii Manoa, Dept Econ, Saunders Hall 531,2424 Maile Way, Honolulu, HI 96822 USA