Earnings Distribution and Inequality Over Time : Education Versus Relative Position and Cohort  

Oleh:

Atoda, Naosumi ; Tachibanaki, Toshiaki

Jenis: Article from Bulletin/Magazine
Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 32 no. 2 (1991), page 475-490.
Topik: earnings; earnings; distribution; inequality over time; education; position and cohort

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: II49.1 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This paper constructs a theoretical model for analyzing the earnings distribution over time and provides an estimation procedure for the inequality of earnings over time. The theoretical model incorporates Gibrat's so - called "law of proportionate effect," Galton's "regression towards the mean" and serial correlation of the error terms, under the condition that the density function of earnings for each age - cohort in Japan is distributed as log - logistic. An emphasis is placed upon comparison of the influence of the relative position in the distribution with the influence of education on earnings. Finally, the coefficients of variation over time are presented.

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