全球智库信息集成服务系统(G2TT): DP16118 The Evolution of the Earnings Distribution in a Volatile Economy: Evidence from Argentina

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来源类型	Discussion paper
规范类型	论文
来源ID	DP16118
	DP16118 The Evolution of the Earnings Distribution in a Volatile Economy: Evidence from Argentina
	Andres Blanco; Bernardo Diaz de Astarloa; Andres Drenik; Christian Moser; Danilo Trupkin
发表日期	2022-01-13
出版年	2022
语种	英语
摘要	This paper studies earnings inequality and dynamics in Argentina between 1996 and 2015. Following the 2001–2002 crisis, the Argentine economy transitioned from a low- to a high-inflation regime. At the same time, the number of collective bargaining agreements increased, and minimum wage adjustments became more frequent. We document that this macroeconomic transition was associated with a persistent decrease in the dispersion of real earnings and cyclical movements in higher-order moments of the distribution of earnings changes. To understand this transition at the micro level, we estimate processes of regular wages within job spells. As the Argentine economy transitioned from low to high inflation, the monthly frequency of regular-wage adjustments almost doubled, while the distribution of regular-wage changes morphed from having a mode close to zero and being positively skewed to having a positive mode and being more symmetric.
主题	Labour Economics ; Macroeconomics and Growth
关键词	Earnings inequality Earnings volatility Earnings mobility Wage rigidity inflation
URL	https://cepr.org/publications/dp16118-1
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/545824
推荐引用方式 GB/T 7714	Andres Blanco,Bernardo Diaz de Astarloa,Andres Drenik,et al. DP16118 The Evolution of the Earnings Distribution in a Volatile Economy: Evidence from Argentina. 2022.