Understanding Wage Inequality in Australia.

• Autores: Arpita Chatterjee, Aarti Singh, Tahlee Stone
• Localización: Economic record, ISSN 0013-0249, Vol. 92, Nº. 298, 2016, págs. 348-360
• Idioma: inglés
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• Resumen

  • In this paper we document the rise in wage inequality in Australia over the last decade. A key driver of this inequality is unobservable or residual inequality. We decompose residual wage inequality into permanent and transitory components. The estimates of the permanent shock from the first-difference approach allow us to reconcile life-cycle wage inequality.