A New Measure of Wage Risk: Occupation-Specific Evidence for Germany

被引:0
|
作者
Herwartz, Helmut [1 ]
Rodriguez-Justicia, David [2 ]
Theilen, Bernd [3 ]
机构
[1] Georg August Univ, Dept Econ, Gottingen, Germany
[2] Univ Girona, Dept Econ, Girona, Spain
[3] Univ Rovira & Virgili, Dept Econ & ECO SOS, Reus, Spain
关键词
Wage risk; German labor market; Job-specific wage risk; German SOEP; Probit models; INEQUALITY; EARNINGS; HETEROGENEITY; EMPLOYMENT; DYNAMICS;
D O I
10.1007/s11205-022-02995-6
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
This study proposes a new measure of wage risk based on estimated probabilities to earn an hourly wage that is below some specific lower quantile of the wage distribution. Using the German SOEP as an information rich data base, we determine wage risks overall and for nine job categories during the period from 1992 until 2015. We find that the low-wage workers in Germany are worse off after the Hartz reforms. In Western Germany this evidence stems from both a reduction of low wages and an increase of wage risk. In Eastern Germany, it is largely due to increased wage risk. Moreover, overall evidence hides important developments at the occupational level.
引用
收藏
页码:1427 / 1462
页数:36
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