Measuring wage inequality under right censoring.
A conditional tail index estimator is introduced which explicitly allows for right‐tail censoring (top‐coding). We show that the factor values used to adjust top‐coded wages have changed over time and depend on individuals' characteristics, occupations and industries, and propose suitable values. Sp...
| Publicado en: | Economic Inquiry Vol. 61; no. 2; pp. 377 - 402 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Wiley-Blackwell
Apr2023
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=162014034&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 162014034 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Apr2023 vid: 61 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 162014034 10.1111/ecin.13119 ppf: 377 ppct: 25 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 1.8MB tig: atl: Measuring wage inequality under right censoring. aug: au: Nicolau, João Raposo, Pedro Rodrigues, Paulo M. M. affil: ISEG—Lisbon School of Economics & Management and CEMAPRE, Lisboa, Portugal Católica Lisbon School of Business and Economics, Lisboa, Portugal Banco de Portugal and Nova School of Business and Economics, Lisboa, Portugal su: Income inequality Censorship Wages Demographic surveys Gini coefficient sug: subj: Income inequality Censorship Wages Demographic surveys Gini coefficient keyword: current population survey occupations pareto tail index top‐coding wage inequality weekly wage distribution current population survey occupations pareto tail index top‐coding wage inequality weekly wage distribution ab: A conditional tail index estimator is introduced which explicitly allows for right‐tail censoring (top‐coding). We show that the factor values used to adjust top‐coded wages have changed over time and depend on individuals' characteristics, occupations and industries, and propose suitable values. Specifically, contrasting the results of our approach with those of a conservative fixed adjustment factor of 1.5 (used in the literature), suggests that wage inequality in 2017 measured with the Gini coefficient is larger than that suggested by the fixed adjustment factor. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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