A New Measure of Wage Risk: Occupation-Specific Evidence for Germany
2022 | journal article. A publication with affiliation to the University of Göttingen.
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- Authors
- Herwartz, Helmut ; Rodriguez-Justicia, David; Theilen, Bernd
- Abstract
- Abstract This study proposes a new measure of wage risk based on estimated probabilities to earn an hourly wage that is below some specific lower quantile of the wage distribution. Using the German SOEP as an information rich data base, we determine wage risks overall and for nine job categories during the period from 1992 until 2015. We find that the low-wage workers in Germany are worse off after the Hartz reforms. In Western Germany this evidence stems from both a reduction of low wages and an increase of wage risk. In Eastern Germany, it is largely due to increased wage risk. Moreover, overall evidence hides important developments at the occupational level.
- Issue Date
- 2022
- Journal
- Social Indicators Research
- Organization
- Department für Volkswirtschaftslehre (VWL)
- ISSN
- 0303-8300
- eISSN
- 1573-0921
- Language
- English
- Sponsor
- Ministerio de Ciencia, Innovación y Universidades http://dx.doi.org/10.13039/100014440
Generalitat de Catalunya http://dx.doi.org/10.13039/501100002809
Universitat Rovira i Virgili 501100007512