Income Dynamics in Sweden 1985-2016.

Autor/inn/en	Friedrich, Benjamin; Laun, Lisa; Meghir, Costas
Institution	National Bureau of Economic Research
Titel	Income Dynamics in Sweden 1985-2016.
Quelle	Cambridge, Mass.: National Bureau of Economic Research (2021) PDF als Volltext (1); PDF als Volltext (2) Link als defekt meldenVerfügbarkeit
Reihe	NBER working paper series. w28527
Beigaben	Illustrationen
Sprache	englisch
Dokumenttyp	online; Monographie
DOI	10.3386/w28527
Schlagwörter	Bildung; Bildung; Einkommensverteilung; Geschlecht; Lohn; Schweden; Geschlecht; Einkommensverteilung; Lohn; Migrant; Schweden
Abstract	This paper analyzes earnings inequality and earnings dynamics in Sweden over 1985-2016. The deep recession in the early 1990s marks a historic turning point with a massive increase in earnings inequality and earnings volatility, and the impact of the recession and the recovery from it lasted for decades. In the aftermath of the recession, we find steady growth in real earnings across the entire distribution for men and women and decreasing inequality over more than 20 years. Earnings dynamics differ substantially by gender, education, and origin. Men face lower volatility than women, but their earnings growth is more closely tied to the business cycle. Earnings volatility is also higher among high-educated and foreign-born workers. We document an important role of social benefits usage for the overall trends and for differences across sub-populations. Higher benefits enrollment, especially for women and immigrants, is associated with higher earnings volatility. As the generosity and usage of benefit programs declined over time, we find stronger earnings growth among low-income workers, consistent with higher self-sufficiency.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2021/3