GEE estimation of the covariance structure of a bivariate panel data model with an application to wage dynamics and the incidence of profit-sharing in West Germany
Author
Abstract
Suggested Citation
DOI: 10.1007/s10182-009-0117-2
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Martin Biewen, 2005.
"The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality,"
German Economic Review, Verein für Socialpolitik, vol. 6(4), pages 445-469, November.
- Biewen Martin, 2005. "The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality," German Economic Review, De Gruyter, vol. 6(4), pages 445-469, December.
- Martin Biewen, 2002. "The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality," Discussion Papers of DIW Berlin 292, DIW Berlin, German Institute for Economic Research.
- Biewen, Martin, 2002. "The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality," IZA Discussion Papers 459, Institute of Labor Economics (IZA).
- Hart, Robert A. & Hübler, Olaf, 1990. "Wage, Labour Mobility and Working Time Effect of Profit Sharing," Hannover Economic Papers (HEP) dp-150, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
- MaCurdy, Thomas E., 1982. "The use of time series processes to model the error structure of earnings in a longitudinal data analysis," Journal of Econometrics, Elsevier, vol. 18(1), pages 83-114, January.
- Hall, Robert E & Mishkin, Frederic S, 1982.
"The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households,"
Econometrica, Econometric Society, vol. 50(2), pages 461-481, March.
- Robert E. Hall & Frederic S. Mishkin, 1980. "The Sensitivity of Consumption to Transitory Income: Estimates from Panel Data on Households," NBER Working Papers 0505, National Bureau of Economic Research, Inc.
- John S. Heywood & Uwe Jirjahn, 2002. "Payment Schemes and Gender in Germany," ILR Review, Cornell University, ILR School, vol. 56(1), pages 44-64, October.
- Lorenzo Cappellari, 2004. "The Dynamics and Inequality of Italian Men’s Earnings: Long-term Changes or Transitory Fluctuations?," Journal of Human Resources, University of Wisconsin Press, vol. 39(2).
- Abowd, John M & Card, David, 1989.
"On the Covariance Structure of Earnings and Hours Changes,"
Econometrica, Econometric Society, vol. 57(2), pages 411-445, March.
- John M. Abowd & David Card, 1986. "On the Covariance Structure of Earnings and Hours Changes," NBER Working Papers 1832, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Shao-Hsun Keng & Peter F. Orazem, 2019.
"Performance pay, the marriage market and rising income inequality in Taiwan,"
Review of Economics of the Household, Springer, vol. 17(3), pages 969-992, September.
- Keng, Shao-Hsun & Orazem, Peter F., 2017. "Performance Pay, the Marriage Market and Rising Income Inequality in Taiwan," ISU General Staff Papers 201702050800001023, Iowa State University, Department of Economics.
- Keng, Shao-Hsun & Orazem, Peter F., 2019. "Performance Pay, the Marriage Market and Rising Income Inequality in Taiwan," ISU General Staff Papers 201901010800001023, Iowa State University, Department of Economics.
- Shao-Hsun Keng & Chun-Hung Lin & Peter F. Orazem, 2017.
"Expanding College Access in Taiwan, 1978-2014: Effects on Graduate Quality and Income Inequality,"
Journal of Human Capital, University of Chicago Press, vol. 11(1), pages 1-34.
- Keng, Shao-Hsun & Lin, Chun-Hung & Orazem, Peter F., 2017. "Expanding College Access in Taiwan, 1978–2014: Effects on Graduate Quality and Income Inequality," ISU General Staff Papers 201704010700001784, Iowa State University, Department of Economics.
- K. Sommerfeld, 2013.
"Higher and higher? Performance pay and wage inequality in Germany,"
Applied Economics, Taylor & Francis Journals, vol. 45(30), pages 4236-4247, October.
- Katrin Sommerfeld, 2012. "Higher and Higher?: Performance Pay and Wage Inequality in Germany," SOEPpapers on Multidisciplinary Panel Data Research 476, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Thomas Cornelissen & John Heywood & Uwe Jirjahn, 2014. "Reciprocity and Profit Sharing: Is There an Inverse U-shaped Relationship?," Journal of Labor Research, Springer, vol. 35(2), pages 205-225, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mirko Felchner, 2015. "Einkommensdynamik bei Selbständigen als Freie Berufe und abhängig Beschäftigte Eine dynamische Paneldatenschätzung mit Daten des Sozio-oekonomischen Panels," FFB-Discussionpaper 101, Research Institute on Professions (Forschungsinstitut Freie Berufe (FFB)), LEUPHANA University Lüneburg.
- Gerald E. Auten & Holger Sieg & Charles T. Clotfelter, 2002. "Charitable Giving, Income, and Taxes: An Analysis of Panel Data," American Economic Review, American Economic Association, vol. 92(1), pages 371-382, March.
- Tony Smith & M. Fatih Guvenen, 2007.
"Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach,"
2007 Meeting Papers
1024, Society for Economic Dynamics.
- Fatih Guvenen & Anthony Smith, 2010. "Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach," NBER Working Papers 16327, National Bureau of Economic Research, Inc.
- Fatih Guvenen & Anthony Smith, 2010. "Inferring labor income risk from economic choices: an indirect inference approach," Staff Report 450, Federal Reserve Bank of Minneapolis.
- Alvarez, Javier & Arellano, Manuel, 2022.
"Robust likelihood estimation of dynamic panel data models,"
Journal of Econometrics, Elsevier, vol. 226(1), pages 21-61.
- Javier Álvarez & Manuel Arellano, 2004. "Robust Likelihood Estimation of Dynamic Panel Data Models," Working Papers wp2004_0421, CEMFI.
- Hubbard, R. Glenn & Skinner, Jonathan & Zeldes, Stephen P., 1994.
"The importance of precautionary motives in explaining individual and aggregate saving,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 59-125, June.
- R. Glenn Hubbard & Jonathan Skinner & Stephen P. Zeldes, 1993. "The Importance of Precautionary Motives in Explaining Individual and Aggregate Saving," NBER Working Papers 4516, National Bureau of Economic Research, Inc.
- Jenkins, Stephen P., 2011.
"Has the Instability of Personal Incomes been Increasing?,"
National Institute Economic Review, National Institute of Economic and Social Research, vol. 218, pages 33-43, October.
- Stephen P. Jenkins, 2011. "Has the Instability of Personal Incomes been Increasing?," National Institute Economic Review, National Institute of Economic and Social Research, vol. 218(1), pages 33-43, October.
- Jenkins, Stephen P., 2011. "Has the instability of personal incomes been increasing?," LSE Research Online Documents on Economics 39727, London School of Economics and Political Science, LSE Library.
- L. Hospido, 2012.
"Modelling heterogeneity and dynamics in the volatility of individual wages,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 27(3), pages 386-414, April.
- Laura Hospido, 2007. "Modelling heterogeneity and dynamics in the volatility of individual wages," Working Papers 0738, Banco de España.
- Hospido, Laura, 2010. "Modelling Heterogeneity and Dynamics in the Volatility of Individual Wages," IZA Discussion Papers 4712, Institute of Labor Economics (IZA).
- Laura Hospido, 2007. "Modelling Heterogeneity and Dynamics in the Volatility of Individual Wages," Working Papers wp2007_0717, CEMFI.
- Martin Biewen, 2005.
"The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality,"
German Economic Review, Verein für Socialpolitik, vol. 6(4), pages 445-469, November.
- Martin Biewen, 2002. "The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality," Discussion Papers of DIW Berlin 292, DIW Berlin, German Institute for Economic Research.
- Biewen Martin, 2005. "The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality," German Economic Review, De Gruyter, vol. 6(4), pages 445-469, December.
- Biewen, Martin, 2002. "The Covariance Structure of East and West German Incomes and its Implications for the Persistence of Poverty and Inequality," IZA Discussion Papers 459, Institute of Labor Economics (IZA).
- Gregory Veramendi, 2012. "Labor Market Dynamics: A Model of Search and Human Capital Accumulation," 2012 Meeting Papers 1059, Society for Economic Dynamics.
- Greg Kaplan & Giovanni L. Violante, 2010.
"How Much Consumption Insurance beyond Self-Insurance?,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 2(4), pages 53-87, October.
- Greg Kaplan & Giovanni L. Violante, 2009. "How Much Consumption Insurance Beyond Self-Insurance?," NBER Working Papers 15553, National Bureau of Economic Research, Inc.
- Estelle Dauchy & Francisco Navarro-Sanchez & Nathan Seegert, 2021.
"Taxation and Inequality: Active and Passive Channels,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 156-177, October.
- Estelle Dauchy & Francisco Navarro-Sanchez & Nathan Seegert, 2020. "Online Appendix to "Taxation and Inequality: Active and Passive Channels"," Online Appendices 19-189, Review of Economic Dynamics.
- Estelle Dauchy & Francisco Navarro-Sanchez & Nathan Seegert, 2020. "Code and data files for "Taxation and Inequality: Active and Passive Channels"," Computer Codes 19-189, Review of Economic Dynamics.
- Richard Blundell & Hamish Low & Ian Preston, 2013.
"Decomposing changes in income risk using consumption data,"
Quantitative Economics, Econometric Society, vol. 4(1), pages 1-37, March.
- Richard Blundell & Hamish Low & Ian Preston, 2008. "Decomposing changes in income risk using consumption data," IFS Working Papers W08/13, Institute for Fiscal Studies.
- Blundell, Richard & Low, Hamish & Preston, Ian, 2011. "Decomposing Changes in Income Risk Using Consumption Data," IZA Discussion Papers 6125, Institute of Labor Economics (IZA).
- Attanasio, Orazio P., 1995.
"The intertemporal allocation of consumption: theory and evidence,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 42(1), pages 39-56, June.
- Orazio P. Attanasio, 1994. "The Intertemporal Allocation of Consumption: Theory and Evidence," NBER Working Papers 4811, National Bureau of Economic Research, Inc.
- Blundell, Richard & Preston, Ian & Pistaferri, Luigi, 2002.
"Partial Insurance, Information, and Consumption Dynamics,"
CEPR Discussion Papers
3666, C.E.P.R. Discussion Papers.
- Richard Blundell & Luigi Pistaferri & Ian Preston, 2002. "Partial insurance, information and consumption dynamics," IFS Working Papers W02/16, Institute for Fiscal Studies.
- Jesper Bagger & Fran?ois Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2014.
"Tenure, Experience, Human Capital, and Wages: A Tractable Equilibrium Search Model of Wage Dynamics,"
American Economic Review, American Economic Association, vol. 104(6), pages 1551-1596, June.
- Jesper Bagger & François Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2011. "Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics," PSE Working Papers hal-03461428, HAL.
- Jesper Bagger & François Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2011. "Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics," SciencePo Working papers hal-03461428, HAL.
- Jesper Bagger & François Fontaine & Fabien Postel Vinay & Jean-Marc Robin, 2011. "Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics," Sciences Po publications info:hdl:2441/eu4vqp9ompq, Sciences Po.
- Jesper Bagger & François Fontaine & Fabien Postel Vinay & Jean-Marc Robin, 2014. "Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics," Sciences Po publications info:hdl:2441/7rep5mp5ij9, Sciences Po.
- Jesper Bagger & François Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2011. "Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics," Working Papers hal-03461428, HAL.
- Jesper Bagger & Francois Fontaine & Jean-Marc Robin, 2014. "Tenure, experience, human capital and wages: a tractable equilibrium search model of wage dynamics," CeMMAP working papers CWP12/14, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Jesper Bagger & Francois Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2014.
"Tenure, Experience, Human Capital, and Wages,"
Post-Print
hal-01301431, HAL.
- Jesper Bagger & Francois Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2014. "Tenure, Experience, Human Capital, and Wages," SciencePo Working papers hal-01301431, HAL.
- Jesper Bagger & Francois Fontaine & Fabien Postel-Vinay & Jean-Marc Robin, 2014. "Tenure, Experience, Human Capital, and Wages," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01301431, HAL.
- Koray Aktas, 2021. "Characterizing Life-Cycle Dynamics of Annual Days of Work, Wages, and Cross-Covariances," Working Papers 465, University of Milano-Bicocca, Department of Economics.
- repec:diw:diwwpp:dp1514 is not listed on IDEAS
- Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2014.
"Consumption and Labor Supply with Partial Insurance: An Analytical Framework,"
American Economic Review, American Economic Association, vol. 104(7), pages 2075-2126, July.
- Kjetil Storesletten & Gianluca Violante & Jonathan Heathcote, 2007. "Consumption and Labor Supply with Partial Insurance: An Analytical Framework," 2007 Meeting Papers 913, Society for Economic Dynamics.
- Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Consumption and Labor Supply with Partial Insurance: An Analytical Framework," NBER Working Papers 15257, National Bureau of Economic Research, Inc.
- Storesletten, Kjetil & Violante, Giovanni & Heathcote, Jonathan, 2007. "Consumption and Labour Supply with Partial Insurance: An Analytical Framework," CEPR Discussion Papers 6280, C.E.P.R. Discussion Papers.
- Jonathan Heathcote & Kjetil Storesletten & Giovanni L. Violante, 2009. "Consumption and labor supply with partial insurance: an analytical framework," Staff Report 432, Federal Reserve Bank of Minneapolis.
- María Cervini-Plá & Xavier Ramos, 2012.
"Long-Term Earnings Inequality, Earnings Instability and Temporary Employment in Spain: 1993–2000,"
British Journal of Industrial Relations, London School of Economics, vol. 50(4), pages 714-736, December.
- Cervini-Plá, María & Ramos, Xavier, 2008. "Long Term Earnings Inequality, Earnings Instability and Temporary Employment in Spain: 1993–2000," IZA Discussion Papers 3538, Institute of Labor Economics (IZA).
- De Andrés Mosquera, Andrés, 2017. "Los determinantes a largo plazo y su contribución a la tasa de ahorro de los hogares españoles en el período 1985-2016 || Long-term determinants and its contribution to Spanish household saving rate d," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 24(1), pages 292-339, Diciembre.
More about this item
Keywords
GEE; Two-equation panel data model; Covariance structure; Real wages; Variable pay;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:alstar:v:93:y:2009:i:4:p:427-447. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.