New insights on earnings trends across skill groups and industries in West Germany

被引:2
作者
Bernd Fitzenberger
Claudia Kurz
机构
[1] Department of Economics, University of Mannheim
[2] Deutsche Bundesbank, Frankfurt
关键词
Block bootstrap; Earnings structures across skill groups and industries; Quantile regression;
D O I
10.1007/s001810200142
中图分类号
学科分类号
摘要
This paper provides an empirical analysis of the structure of earnings in West Germany across skill groups and industries. Our analysis is based on data from the German Socioeconomic Panel for the period 1984 to 1994. We estimate quantile regressions, both for the entire sample period and for each year separately, in order to obtain a finer picture of the earnings structure compared to conventional least squares methods. For robust standard error estimation, this study uses a block bootstrap procedure taking account of heteroskedasticity and autocorrelation in the error term. We also suggest a simple procedure to obtain a consistent estimate of inter-industry earnings variability. Our main findings are: first, pooled estimation comprising a uniform time trend is not rejected by the data, and second, the effects of human capital variables and industry dummies on earnings differ considerably across quantiles.
引用
收藏
页码:479 / 514
页数:35
相关论文
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