Sectoral Trends in Earnings Inequality and Employment: International Trade, Skill-Biased Technological Change, or Labour Market Institutions?

Thewissen, Stefan; Wang, Chen; Vliet, Olaf van

doi:10.2139/ssrn.2297227

Cited by 7 publications

(6 citation statements)

References 53 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…On average, incomes are more dispersed in finance than in other sectors (statistically significant at the 5% level), especially in the United Kingdom and Sweden. The finding of a relatively high dispersion of earnings in finance is in line with recent evidence based on other data sources (Thewissen et al, 2013). It may be due to large differences in the productivity of financial sector workers, but it could also be that rents boost top wages in finance by more than lower down the income distribution.…”

Section: The Dispersion Of Earnings Within Financesupporting

confidence: 88%

Financial sector pay and labour income inequality

Denk

2015

OECD Economics Department Working Papers

View full text Add to dashboard Cite

Complete document available on OLIS in its original format This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. ECO/WKP(2015)43 Unclassified English-Or. English ECO/WKP(2015)43 2 OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s). Working Papers describe preliminary results or research in progress by the author(s) and are published to stimulate discussion on a broad range of issues on which the OECD works.

show abstract

Section: The Dispersion Of Earnings Within Financesupporting

confidence: 88%

Financial sector pay and labour income inequality

Denk

2015

OECD Economics Department Working Papers

View full text Add to dashboard Cite

show abstract

“…It has been well documented that levels of poverty and income inequality have increased in most European countries over the last two decades (Korpi and Palme, 1998;Alderson and Nielsen, 2002;Bradley et al, 2003;OECD, 2008OECD, , 2011Martin and Swank, 2012;Thewissen et al, 2013). Economists, sociologists and political scientists put forward several explanations for the rise in poverty rates and income inequality.…”

Section: Social Investment Poverty and Income Inequality Trends In Pmentioning

confidence: 99%

Social Investment and Poverty Reduction: A Comparative Analysis across Fifteen European Countries

Vliet

Wang

2015

J. Soc. Pol.

Self Cite

View full text Add to dashboard Cite

Despite the fact that employment rates have increased in many European countries since the beginning of the 2000s, poverty rates have stagnated and in some countries even increased. In the welfare state literature, it has been argued that these disappointing poverty trends may be partly attributable to the reforming of traditional welfare state programmes into social investment policies, because the latter are less redistributive. To date, there are only a few systematic comparative empirical analyses which focus on the outcomes of social investment policies. This paper contributes to the social investment literature by empirically analysing the distributional effects of shifts from traditional welfare state arrangements to social investment policies in fifteen European countries for the period 1997–2007. Our results suggest that the detrimental effect of social investment policies, described in some specific cases in the literature, cannot be generalised across a larger group of European countries. However, for European countries other than the Nordic countries, the results provide some evidence for a linkage between stagnating or increasing poverty trends and shifts in expenditures to new welfare state programmes.

show abstract

“…However, attention to the potential implications of these patterns for macro-level income distribution has been scant in the entrepreneurship literature. In the inequality literature, recent studies have developed new types of models to decompose and problematize different sources of income inequality (e.g., Cowell and Fiorio, 2011;Creedy and Hérault, 2011;Thewissen et al, 2013), but these studies have tended to overlook entrepreneurship as one of these potential sources. This oversight is problematic since entrepreneurship is an increasingly prevalent occupational choice in many economies (Audretsch, 2009).…”

Section: Introductionmentioning

confidence: 99%

“…Thus, in distinguishing between SE and ISE, we allow for the possibility that different types of entrepreneurship, or different types of entrepreneurs, may differ in their effects on total income distribution. 1 Using highly detailed data on the full Swedish workforce and capitalizing on recent inequality research (e.g., Cowell and Cowell and Fiorio, 2011;Creedy and Hérault, 2011;Thewissen et al, 2013), we develop a novel empirical approach to answer these research questions. Central to our analysis is our choice to use a flexible inequality measure-the generalized entropy (GE) index-to fine tune our decomposition analysis to different segments of the income distribution.…”

Section: Introductionmentioning

confidence: 99%