Arbeitspapier
Unemployment insurance, wage dynamics and inequality over the life cycle
We investigate the relationship between life cycle wages and individual membership of unemployment insurance schemes in Denmark. We separate permanent from transitory wages and characterise them using membership of unemployment insurance funds. We find that unemployment insurance 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, robustness checks suggest that moral hazard is the relevant interpretation.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 7128
- Klassifikation
-
Wirtschaft
Wage Level and Structure; Wage Differentials
Unemployment Insurance; Severance Pay; Plant Closings
- Thema
-
unemployment insurance
wage dynamics
wage inequality
wage instability
Arbeitslosenversicherung
Lohnstruktur
Lebenseinkommen
Moral Hazard
Dänemark
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bingley, Paul
Cappellari, Lorenzo
Westergård-Nielsen, Niels C.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:23 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bingley, Paul
- Cappellari, Lorenzo
- Westergård-Nielsen, Niels C.
- Institute for the Study of Labor (IZA)
Entstanden
- 2013
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