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dc.contributor.authorCunha, Flávio
Heckman, James
dc.date.accessioned 2017-05-03T19:58:19Z
dc.date.available 2017-05-03T19:58:19Z
dc.date.issued 2016
dc.identifier.citation Cunha, Flávio and Heckman, James. "Decomposing Trends in Inequality in Earnings into Forecastable and Uncertain Components." Journal of Labor Economics, 34, no. S2 (2016) University of Chicago Press: S31-S65. https://doi.org/10.1086/684121.
dc.identifier.urihttps://hdl.handle.net/1911/94151
dc.description.abstract A substantial empirical literature documents the rise in wage inequality in the American economy. It is silent on whether the increase in inequality is due to components of earnings that are predictable by agents or whether it is due to greater uncertainty facing them. These two sources of variability have different consequences for both aggregate and individual welfare. Using data on two cohorts of American males, we find that a large component of the rise in inequality for less skilled workers is due to uncertainty. For skilled workers, the rise is less pronounced.
dc.language.iso eng
dc.publisher University of Chicago Press
dc.rights This is an author's peer-reviewed final manuscript, as accepted by the publisher. The published article is copyrighted by The University of Chicago.
dc.title Decomposing Trends in Inequality in Earnings into Forecastable and Uncertain Components
dc.type Journal article
dc.citation.journalTitle Journal of Labor Economics
dc.citation.volumeNumber 34
dc.citation.issueNumber S2
dc.type.dcmi Text
dc.identifier.doihttps://doi.org/10.1086/684121
dc.identifier.pmcid PMC4827721
dc.identifier.pmid 27087741
dc.type.publication post-print
dc.citation.firstpage S31
dc.citation.lastpage S65


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