If you are in Barcelona for @SEDmeeting or the Barcelona Summer Forum consider topping it off with this great conference June 26
One day with top notch research on income+wealth inequality and an amazing panel with @R_Blundell_UCL@wwwojtekk@stescarpetta
Register 👇
📢@GRIDdatabase has organized a one-day workshop on "Global Trends in Inequality" in Barcelona (same location as the Summer Forum) on June 26 which includes with a round table with Richard Blundell (UCL), Wojciech Kopczuk (Columbia), and Stefano Scarpetta (OECD). Program below!
Happening TODAY 🗓️ @fatihguvenen, @PistaferriLuigi, and @glviolante are all joining us at 2 p.m. EST to give an introduction to accessing and using statistics from their new open-access, cross-country database.
Register to get on the GRID: https://t.co/cwscL9pjl1
We're excited to have @fatihguvenen, @PistaferriLuigi, and @glviolante all joining us on April 19 at 2 p.m. EST to give an introduction to accessing and using statistics from GRID, their new open-access, cross-country database.
Register today: https://t.co/uYlgF0HHE7
Third, we show that the earnings dynamics of workers are strongly related to the growth of their employers: workers at fast-growing firms experience faster earnings growth than workers at rapidly shrinking firms, who experience low (or negative) average earnings growth.
Income inequality increased substantially in the US since 1970s. How about in Canada? Time to find out.
🧵 on" "Four decades of Canadian earnings inequality and dynamics across workers and firms"
By Bowlus, Gouin-Bonenfant, Liu, Lochner, Park
https://t.co/5g2QjW4VaS
Second, we show that earnings inequality and the distribution of earnings growth vary substantially over the business cycle. Consistent with previous work that uses US data, recessions are associated with rising downside earnings risk and declining upside risk.
Conclusion: higher order moments are critical for describing earnings growth distribution, but not disposable income growth distribution. The generous Danish welfare state is effective in reducing the impact of earnings fluctuations on households.
Denmark has one the highest level of fiscal redistribution in the world. Does it show in the data? A 🧵on: Inequality and Dynamics of Earnings and Disposable Income in Denmark 1987-2016
By Søren Leth-Petersen and Johan Sæverud
https://t.co/a7jbBCs2Zz
Skewness and kurtosis are not so important for characterizing of the distribution of disposable income growth. Cyclicality is much reduced when moving from earnings to disposable income.