Doris, Aedin, O'Neill, Donal and Sweetman, Olive (2010) Aggregate Earnings Inequality in Europe: Permanent Differences or Transitory Fluctuations? NUI Maynooth. (Unpublished)
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Abstract
This paper examines the relationship between aggregate inequality and its underlying components for a number of European countries. We use a well established GMM approach to separate the permanent component from the transitory component of earnings inequality. Our results show that three quarters of the observed cross-country differences in aggregate inequality in Europe is accounted for by differences in permanent inequality, reflecting differences in individual characteristics that persist throughout the life-cycle.
Item Type: | Other |
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Keywords: | Permanent Inequality; Transitory Inequality; Generalized Method of Moments; Covariance Structure of Earnings; |
Academic Unit: | Faculty of Social Sciences > Economics, Finance and Accounting |
Item ID: | 1990 |
Identification Number: | N211-10 |
Depositing User: | Ms Sandra Doherty |
Date Deposited: | 12 Jun 2012 15:00 |
Publisher: | NUI Maynooth |
URI: | https://mural.maynoothuniversity.ie/id/eprint/1990 |
Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
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