Measuring wage inequality under right censoring

被引:1
|
作者
Nicolau, Joao [1 ,2 ]
Raposo, Pedro [3 ]
Rodrigues, Paulo M. M. [4 ,5 ]
机构
[1] ISEG Lisbon Sch Econ & Management, Lisbon, Portugal
[2] CEMAPRE, Lisbon, Portugal
[3] Catolica Lisbon Sch Business & Econ, P-1649023 Lisbon, Portugal
[4] Banco Portugal, Lisbon, Portugal
[5] Nova Sch Business & Econ, Lisbon, Portugal
关键词
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.
引用
收藏
页码:377 / 401
页数:25
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