|
EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/49525
|
| | |
| Title: | | Flexicurity, wage dynamics and inequality over the life-cycle  |
| Authors: | | Bingley, Paul Cappellari, Lorenzo Westergård-Nielsen, Niels |
| Issue Date: | | 2011 |
| Series/Report no.: | | CESifo working paper: Labour Markets 3561 |
| Abstract: | | We investigate the relationship between life-cycle wages and flexicurity in Denmark. We separate permanent from transitory wages and characterise flexicurity using membership of unemployment insurance funds. We find that flexicurity is associated with lower wage growth heterogeneity over the life-cycle and greater wage instability, changing the nature of wage inequality from permanent to transitory. While we are in general unable to formally test for moral hazard against adverse selection into unemployment insurance membership, robustness checks suggest that moral hazard is the relevant interpretation. |
| Subjects: | | unemployment insurance wage dynamics wage inequality wage instability |
| JEL: | | J31 J65 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/49525
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|