Measuring wage inequality under right censoring

Detalhes bibliográficos
Autor(a) principal: Nicolau, João
Data de Publicação: 2022
Outros Autores: Raposo, Pedro, Rodrigues, Paulo M. M
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/27492
Resumo: A conditional tail index estimator is introduced which explicitly allows for right‐tail censoring (top‐coding). We show that the factor values used to adjust top‐coded wages have changed over time and depend on individuals' characteristics, occupations and industries, and propose suitable values. Specifically, contrasting the results of our approach with those of a conservative fixed adjustment factor of 1.5 (used in the literature), suggests that wage inequality in 2017 measured with the Gini coefficient is larger than that suggested by the fixed adjustment factor.
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spelling Measuring wage inequality under right censoringCurrent Population SurveyOccupationsParetoTail IndexTop‐codingWage InequalityWeekly Wage DistributionA conditional tail index estimator is introduced which explicitly allows for right‐tail censoring (top‐coding). We show that the factor values used to adjust top‐coded wages have changed over time and depend on individuals' characteristics, occupations and industries, and propose suitable values. Specifically, contrasting the results of our approach with those of a conservative fixed adjustment factor of 1.5 (used in the literature), suggests that wage inequality in 2017 measured with the Gini coefficient is larger than that suggested by the fixed adjustment factor.John Wiley and SonsRepositório da Universidade de LisboaNicolau, JoãoRaposo, PedroRodrigues, Paulo M. M2023-03-22T09:50:14Z20222022-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/27492engNicolau, João, Pedro Raposo and Paulo M. M. Rodrigues .(2022) . “Measuring wage inequality under right censoring”. Economic Inquiry, pp. 377-401. (Search PDF in 2023).info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-04-02T01:34:23Zoai:www.repository.utl.pt:10400.5/27492Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:48:20.711885Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Measuring wage inequality under right censoring
title Measuring wage inequality under right censoring
spellingShingle Measuring wage inequality under right censoring
Nicolau, João
Current Population Survey
Occupations
Pareto
Tail Index
Top‐coding
Wage Inequality
Weekly Wage Distribution
title_short Measuring wage inequality under right censoring
title_full Measuring wage inequality under right censoring
title_fullStr Measuring wage inequality under right censoring
title_full_unstemmed Measuring wage inequality under right censoring
title_sort Measuring wage inequality under right censoring
author Nicolau, João
author_facet Nicolau, João
Raposo, Pedro
Rodrigues, Paulo M. M
author_role author
author2 Raposo, Pedro
Rodrigues, Paulo M. M
author2_role author
author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Nicolau, João
Raposo, Pedro
Rodrigues, Paulo M. M
dc.subject.por.fl_str_mv Current Population Survey
Occupations
Pareto
Tail Index
Top‐coding
Wage Inequality
Weekly Wage Distribution
topic Current Population Survey
Occupations
Pareto
Tail Index
Top‐coding
Wage Inequality
Weekly Wage Distribution
description A conditional tail index estimator is introduced which explicitly allows for right‐tail censoring (top‐coding). We show that the factor values used to adjust top‐coded wages have changed over time and depend on individuals' characteristics, occupations and industries, and propose suitable values. Specifically, contrasting the results of our approach with those of a conservative fixed adjustment factor of 1.5 (used in the literature), suggests that wage inequality in 2017 measured with the Gini coefficient is larger than that suggested by the fixed adjustment factor.
publishDate 2022
dc.date.none.fl_str_mv 2022
2022-01-01T00:00:00Z
2023-03-22T09:50:14Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/27492
url http://hdl.handle.net/10400.5/27492
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Nicolau, João, Pedro Raposo and Paulo M. M. Rodrigues .(2022) . “Measuring wage inequality under right censoring”. Economic Inquiry, pp. 377-401. (Search PDF in 2023).
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv John Wiley and Sons
publisher.none.fl_str_mv John Wiley and Sons
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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