Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92422
Authors: 
Fitzenberger, Bernd
Hujer, Reinhard
MaCurdy, Thomas E.
Schnabel, Reinhold
Year of Publication: 
1995
Series/Report no.: 
Discussion Paper, Center for International Labor Economics (CILE), University of Konstanz 22
Abstract: 
Based on social security data, this paper analyzes wage trends for full employed males by estimating (censored) quantile regressions as functions of age, cohort, education, and year. We test whether a parsimonious specification separating life cycle effects from macroeconomic effects can describe the dynamics of wages. Our results indicate that insider wages are uniformly affected by a acroeconomic trend. For some education groups, this also holds for entry wages. Since within-inequality stays fairly constant, the estimated profiles characterize the entire wage distribution. After controlling for age and cohort, also wage differentials across education remain roughly stable..
Subjects: 
wage inequality
cohort analysis
decomposition of life cycle profile and time trend
quantile regressions
censoring
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.