The Evolution of Individual Male Earnings in Great Britain: 1975-95

Richard Dickens ()

Economic Journal, 2000, vol. 110, issue 460, pages 27-49

Abstract: I study the dynamic structure of male wages in Great Britain using the New Earnings Survey Panel from 1975-95. Computing auto-covariances of individual wages by cohort I find evidence of a permanent component of earnings that increases over the life cycle and a highly persistent, serially correlated transitory component. In addition, the estimated variances of both these components have risen over this period, each explaining about half the rise in inequality. Using individual's occupation at age 22, I split the sample into four skill groups. I find some differences across these groups, with the rise in the permanent variance most important for the manual groups.

Date: 2000
View citations in EconPapers

Downloads: (external link)
http://www.blackwell-synergy.com/servlet/useragent ... =460&year=&part=null link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ecj:econjl:v:110:y:2000:i:460:p:27-49

Ordering information: This journal article can be ordered from
http://www.blackwell ... al.asp?ref=0013-0133

Access Statistics for this article

Economic Journal is edited by Antonio Ciccone, Leonardo Felli, Steve Machin, Andrew Scott, Steve Pischke and David Myatt

More articles in Economic Journal from Royal Economic Society
Contact information at EDIRC.
Series data maintained by Christopher F. Baum ().