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Three essays in inequality.
~
Schwabish, Jonathan Alan.
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Three essays in inequality.
Record Type:
Electronic resources : Monograph/item
Title/Author:
Three essays in inequality./
Author:
Schwabish, Jonathan Alan.
Description:
181 p.
Notes:
Source: Dissertation Abstracts International, Volume: 64-05, Section: A, page: 1788.
Contained By:
Dissertation Abstracts International64-05A.
Subject:
Economics, Labor. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3091405
ISBN:
0496391156
Three essays in inequality.
Schwabish, Jonathan Alan.
Three essays in inequality.
- 181 p.
Source: Dissertation Abstracts International, Volume: 64-05, Section: A, page: 1788.
Thesis (Ph.D.)--Syracuse University, 2003.
This dissertation is a collection of three essays, each of which examines different aspects of inequality. The different analyses use different sources of data and various econometric techniques to develop and test issues related to inequality, nonwage forms of compensation and public social expenditures.
ISBN: 0496391156Subjects--Topical Terms:
1019135
Economics, Labor.
Three essays in inequality.
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181 p.
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Source: Dissertation Abstracts International, Volume: 64-05, Section: A, page: 1788.
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Adviser: Thomas Knicsner.
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Thesis (Ph.D.)--Syracuse University, 2003.
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This dissertation is a collection of three essays, each of which examines different aspects of inequality. The different analyses use different sources of data and various econometric techniques to develop and test issues related to inequality, nonwage forms of compensation and public social expenditures.
520
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In the first, I use two data sets and four models to estimate and track wage elasticities for men and women over time. I estimate gross elasticities for both genders and then use an ex ante Slutsky decomposition to estimate income and substitution effects. I then repeat this exercise to include nonworkers as well, essentially combining a three-step Heckit with the Slutsky decomposition. Then, using two separate tests, I check whether the two series converge over the period but find weak evidence for this hypothesis. I do find, however, that female elasticities are falling over the period and are generally larger than the male elasticities.
520
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In the second, I use restricted fringe benefit data from the Bureau of Labor Statistics to examine inequality in nonwage forms of compensation. This data is taken from the survey behind the Employer Cost Index and contains dollar costs of fringe benefits. I calculate the mean fringe benefit value by industry occupation cell and then impute these values onto two household data sets. I then estimate the hedonic model via OLS, Fixed Effects and quantile regression analysis but, as in the previous literature, find no substantial trade-off between wages and fringes. I do find some evidence that workers in the 90th percentile of the wage distribution do trade higher health and life insurance for lower wages.
520
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In the final essay, which is co-written with Timothy Smeeding and Lars Osberg, we look at what effects inequality has on government social expenditures. Our hypothesis is that high levels of income inequality reduce public support for publicly provided goods (such as health care and education) which especially benefit the poor. The results suggest that as the "rich" become more distant from the middle and lower classes, they find it easier to opt out of public programs and to buy substitutes in the private market. Hence, over time, support for those social institutions and goods, which provide upward mobility and equal opportunity for all, such as public health insurance and public education, are eroded. The bottom line is that higher economic inequality has a cost in that it produces lower levels of those publicly shared goods which foster greater upward mobility.
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School code: 0659.
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Syracuse University.
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Dissertation Abstracts International
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Knicsner, Thomas,
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3091405
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