Matching, Reallocation and Changes in Earnings Dispersion

• Autores: Simon Burgess, Julia Lane, Kevin McKinney
• Localización: Oxford bulletin of economics and statistics, ISSN 0305-9049, Vol. 71, Nº. 1, 2009, págs. 91-110
• Idioma: inglés
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• Resumen

  • The ‘fractal’ nature of the rise in earnings dispersion is one of its key features. In this paper, we offer a new perspective on the causes of changes in earnings dispersion, focusing on the role of labour reallocation. We set out a framework showing that job and worker reallocation affects earnings dispersion. We quantify this using a data set comprising almost the universe of workers and employers in Maryland. The changing allocation of workers to jobs played a significant role in explaining movements in the dispersion of earnings.