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The Nation's wage distribution grew more unequal during the 1980's, with top and bottom becoming more concentrated at the expense of the middle. For men, the middle "hollowed out" considerably; for wo...
Why Do Overtime Work, Overtime Compensation and the Distribution of Economic Well-Being Evidence for the West Germany and Great Britain
Overtime wage inequality economic well-being semi-parametric decomposition technique panel data
2013/10/18
Using panel data for West Germany and Great Britain, we show that there are striking differences in overtime work and overtime compensation in the two countries in the 1990s. Our estimates reveal that...
Distribution and Growth in an Economy with Limited Needs
Income distribution innovation knowledge economy economic growth
2013/10/18
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, i...