A new method for measuring income inequality reveals that, from 1975 to 2018, the only group for which actual income gains exceeded U.S. GDP growth was the group near the 99th percentile of income distribution.
Minimum wage increases can lead to reductions in employer-sponsored health insurance for some workers and their dependents. If policymakers want to raise the minimum wage, they should look beyond standard labor market outcomes and take into account other potential effects.
A new pay structure proposed for members of the U.S. military reserves would be more similar to that of active duty members, cost less than the current system and would not adversely affect recruitment and retention.
Motivation alone does not improve schools. Even if incentives inspire staff to improve practices or work together, educators may not have the capacity or resources to bring about improvement, writes Julie Marsh.
This study of a Cherokee Indian population in North Carolina found that sudden increases in income were associated with short-term increases in risk-taking behavior and higher rates of accidental death.
In 2003, the Volcker Commission recommended that explicit pay-for-performance (PFP) systems be adopted more broadly throughout the federal government. What are the pros and cons of PFP schemes compared with seniority-based salary systems?
The authors use data from the earlier and later cohorts of the NLSY to estimate the effect of marriage and childbearing on wages. Estimates imply that marriage lowers female wages 2-4 percent in the year of marriage. Marriage also lowers the wage growth of men and women by about two and four percentage points, respectively. A first birth lowers female wages 2-3 percent, but has no effect on wage growth. Male wages are unaffected by childbearing. Findings suggest that early marriage and childbearing can lead to substantial decreases in lifetime earnings.
Analyze the effects of wives' earnings on household earnings' inequality in Peninsular Malaysia in 1976 and 1988. We find that wives' earnings helped equalize the distribution of household earnings in Malaysia, both at the two points in time and over time.
Yezer and Thurston note that estimates of income differentials received by migrants that compare their post-migration wages to those of nonmigrants may be biased because they do not incorporate the experience of migrants who did not remain at the destination.
An analysis of the income distribution relative to the economic growth in Colombia. Distribution of income in Colombia has been, and is, very unequal: 10 percent of the population of the large cities receives about half of the total personal income...