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Wage inequality in Chile has remained high for decades and it is currently at the center of the political agenda. Increasing education of workers is expected to contribute to reduce wage inequality. Based on historical trends of age, education, and returns to education, this paper attempts to forecast wage inequality. Despite an increase in average earnings due to higher levels of education of workers, high levels of wage inequality within age groups and within education groups produce that forecasted wage inequality remains high for the next 10-year period. The structure of the Chilean labor market appears to imply that there is a high level of underlying wage inequality. Nevertheless, the good news are that the labor market structure seems to prevent further deteriorations of wage inequality.

This paper investigates wage inequality and wage mobility in Turkey using the surveys on income and living conditions. Providing the first evidence on wage mobility for Turkey, our paper also differs from the existing literature by investigating wage inequality and wage mobility over various socio-economic groups. We first present an overview of wage inequality over the period 2005-2011. Next, we compute several measures of wage mobility and explore the link between wage inequality and wage mobility. Further, emphasizing positional mobility, we compute transition matrices and investigate the determinants of transition probabilities. The results show that, overall, wage inequality exhibits a slight increase over the analysis period. Wage mobility in Turkey is lower than what is observed in European Union countries although it increases as the time horizon expands. Wage mobility has an equalizing impact on wage distribution; however, this impact is not substantial enough to overcome the high and persistent wage inequality in Turkey.

Back in 2010, Jonathan Heathcote, Giovanni L. Violante, and Fabrizio Perri, published a study that compiled data from a number of publicly available sources to measure the evolution of US inequality in income, wages, and wealth over time, with data up through 2006 (“Unequal we stand: An empirical analysis of economic inequality in the United … Continue reading Some Wage Inequality Ratios
The post Some Wage Inequality Ratios first appeared on Conversable Economist.

This paper investigates wage inequality and wage mobility in Turkey using the Surveys on Income and Living Conditions (SILC). This is the first paper that explores wage mobility for Turkey. It differs from the existing literature by providing analyses of wage inequality and wage mobility over various socioeconomic groups such as gender, age, education and sector of economic activity. We first present an overview of the evolution of wages and wage inequality over the period 2005-2011. Next, we compute several measures of wage mobility and explore the link between wage inequality and wage mobility. Further, we compute the transition matrices which show movements of individuals across the wage distribution from one period to another and investigate the determinants of transition probabilities using a multinomial logit model. The results show that overall the real wages increased over the study period and wage inequality exhibits a slight increase. Wage inequality is one of the highest among the European Union (EU) countries. The wage mobility in Turkey is lower than what is observed in the European Union countries although it increases as time horizon expands. Wage mobility has an equalizing impact on the wage distribution, however; this impact is not substantial enough to overcome the high and persistent wage inequality in Turkey.

This paper investigates wage inequality and wage mobility in Turkey using the Surveys on Income and Living Conditions (SILC). This is the first paper that explores wage mobility for Turkey. It differs from the existing literature by providing analyses of wage inequality and wage mobility over various socioeconomic groups such as gender, age, education and sector of economic activity. We first present an overview of the evolution of wages and wage inequality over the period 2005-2011. Next, we compute several measures of wage mobility and explore the link between wage inequality and wage mobility. Further, we compute the transition matrices which show movements of individuals across the wage distribution from one period to another and investigate the determinants of transition probabilities using a multinomial logit model. The results show that overall the real wages increased over the study period and wage inequality exhibits a slight increase. Wage inequality is one of the highest among the European Union (EU) countries. The wage mobility in Turkey is lower than what is observed in the European Union countries although it increases as time horizon expands. Wage mobility has an equalizing impact on the wage distribution, however; this impact is not substantial enough to overcome the high and persistent wage inequality in Turkey.

This paper investigates wage inequality and wage mobility in Turkey using the Surveys on Income and Living Conditions (SILC). This is the first paper that explores wage mobility for Turkey. It differs from the existing literature by providing analyses of wage inequality and wage mobility over various socioeconomic groups such as gender, age, education and sector of economic activity. We first present an overview of the evolution of wages and wage inequality over the period 2005-2011. Next, we compute several measures of wage mobility and explore the link between wage inequality and wage mobility. Further, we compute the transition matrices which show movements of individuals across the wage distribution from one period to another and investigate the determinants of transition probabilities using a multinomial logit model. The results show that overall the real wages increased over the study period and wage inequality exhibits a slight increase. Wage inequality is one of the highest among the European Union (EU) countries. The wage mobility in Turkey is lower than what is observed in the European Union countries although it increases as time horizon expands. Wage mobility has an equalizing impact on the wage distribution, however; this impact is not substantial enough to overcome the high and persistent wage inequality in Turkey.

Using data from the European Union Statistics on Income and Living Conditions (EU-SILC), this paper investigates wage inequality and wage mobility in Europe. Decomposing inequality into within and between group inequality, we analyse to what extent wage inequality and mobility can be explained by observable characteristics. Furthermore, we investigate which individual and household characteristics determine transitions within the wage distribution. Finally, we examine the importance of institutions for wage inequality, wage mobility, and wage transitions. We find that overall, mobility reduces wage inequality. While a large part of wage inequality is due to unobservable characteristics, the equalizing effect of mobility mainly occurs within groups. Furthermore, both personal and household characteristics play an important role for wage transitions. Finally, our findings reveal large cross-country differences across Europe, which are partly linked to the institutional set-up of the national labour markets. ; Auf Grundlage der Statistik der Europäischen Union über Einkommen und Lebensbedingungen wird in diesem Papier die Lohnungleichheit und die Lohnmobilität in Europa untersucht. Eine Zerlegung der Ungleichheit in Ungleichheit innerhalb und zwischen Bevölkerungsgruppen liefert Erkenntnisse darüber, inwiefern Lohnungleichheit und -mobilität durch beobachtbare Eigenschaften erklärt werden können. Darüber hinaus werden die Bedeutung von individuellen und Haushaltscharakteristika für Transitionen innerhalb der Lohnverteilung analysiert. Letztlich wird der Zusammenhang von Institutionen mit Lohnungleichheit, Lohnmobilität und Lohntransitionen untersucht. Die Ergebnisse der Analyse lauten wir folgt. Mobilität verringert Lohnungleichheit. Obwohl ein hoher Anteil der Lohnungleichheit auf unbeobachtbare Faktoren zurückzuführen ist, findet der ausgleichende Effekt von Mobillität hauptsächlich zwischen den Bevölkerungsgruppen statt. Zudem spielen sowohl individuelle als auch Haushaltscharakteristika eine wichtige Rolle für Lohntransitionen. Letztlich zeigen die Ergebnisse große Unterschiede zwischen den europäischen Ländern, die sich teilweise auf die institutionellen Gegebenheiten der nationalen Arbeitsmärkte zurückführen lassen.

Recent theories of firm heterogeneity emphasize between-firm wage differences as a new mechanism through which trade can affect wage inequality. Using linked employer-employee data for Sweden, we show that many of the stylized facts about wage inequality found in Helpman et al. (2012) for Brazil also hold for Sweden. Much of overall wage inequality arises within sector-occupations and for workers with similar observable characteristics. One notable difference is a smaller contribution from between-firm differences in wages in Sweden, which could reflect the influence of Swedish labor market institutions in dampening the scope for variation in wages between firms through collective wage agreements.

We examine the relationship between technological complexity and wage inequality, using an efficiency wage model that adopts Kremer's O‐ring production function. The model has two main implications: (i) when the production process becomes more complex, within‐task wage differences increase between plants, and (ii) between‐task wage differences increase within plants. We study these implications empirically using industry data providing quantified information on the complexity of the tasks. We find that wages increase in all the tasks with the complexity of the production process. Furthermore, the relationship between the complexity of the tasks and wages is steepest in the firms with more complex production processes.