onr:"swepub:oai:DiVA.org:umu-213435"
Search: onr:"swepub:oai:DiVA.org:umu-213435" > Permanent and trans...
- 1 of 1
- Previous record
- Next record
- To hitlist
Permanent and transitory earnings dynamics and lifetime income inequality in Sweden
-
- Gustafsson, Johan, 1993- (author)
- Umeå universitet,Nationalekonomi
-
- Holmberg, Johan, 1994- (author)
- Umeå universitet,Nationalekonomi
- (creator_code:org_t)
- Elsevier, 2023
- 2023
- English.
- In: Labour Economics. - : Elsevier. - 0927-5371 .- 1879-1034. ; 85
- Journal article (peer-reviewed)
Abstract
Subject headings
Close
- This paper studies the role of permanent- and transitory earnings variability for lifetime income inequality in Sweden. We fit a permanent–transitory error component model to the autocovariance structure of earnings using administrative data for 2002–2015 and minimum distance estimation. We find that permanent earnings inequality increased during the first decade and that the financial crisis of 2008 temporarily heightened earnings volatility. Using this model, we simulate pension entitlements and study lifetime income inequality conditional on the pre- and post-1990’s pension system. We find that permanent earnings differences generally contribute the most to lifetime income inequality. We conclude that the Swedish pension system provides some insurance against earnings risk, but accentuates the role of permanent earnings differences in explaining lifetime inequality.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- Earnings dynamics
- Inequality
- Pensions
- Economics
- nationalekonomi
Publication and Content Type
- ref (subject category)
- art (subject category)
Find in a library
- Labour Economics (Search for host publication in LIBRIS)
To the university's database
- 1 of 1
- Previous record
- Next record
- To hitlist
Find more in SwePub
- By the author/editor
- Gustafsson, Joha ...
- Holmberg, Johan, ...
- About the subject
-
- SOCIAL SCIENCES
- SOCIAL SCIENCES
- and Economics and Bu ...
- and Economics
- Articles in the publication
- Labour Economics
- By the university
- Umeå University
Search outside SwePub
- Extend your search to:
- Google Book Search
- Google Scholar
Kungliga biblioteket hanterar dina personuppgifter i enlighet med EU:s dataskyddsförordning (2018), GDPR. Läs mer om hur det funkar här.
Så här hanterar KB dina uppgifter vid användning av denna tjänst.
- Copyright © LIBRIS - National Library Systems
- LIBRIS.kb.se
