It takes the average reader and 58 minutes to read Taxation of Human Capital and Wage Inequality by Fatih Guvenen
Assuming a reading speed of 250 words per minute. Learn more
Wage inequality has been significantly higher in the U.S. than in continental European countries (CEU) since the 1970s. Moreover, this inequality gap has further widened as the U.S. has experienced a large increase in wage inequality, whereas the CEU has seen only modest changes. This paper studies the role of labor income tax policies for understanding these facts, focusing on male workers. The authors construct a life cycle model in which individuals decide each period whether to go to school, work, or stay non-employed. Individuals can accumulate skills either in school or while working. Wage inequality arises from differences across individuals in their ability to learn new skills as well as from idiosyncratic shocks. Countries with more progressive labor income tax schedules are shown to have (1) significantly lower before-tax wage inequality at different points in time and (2) experienced a smaller rise in wage inequality since the early 1980s. In a comparison between the U.S. and Germany, the combination of skill-biased technical change and changing progressivity of tax schedules explains all the difference between the evolution of inequality in these two countries since the early 1980s. Figures and tables. This is a print on demand report.
Taxation of Human Capital and Wage Inequality by Fatih Guvenen is 57 pages long, and a total of 14,649 words.
This makes it 19% the length of the average book. It also has 18% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 20 minutes to read Taxation of Human Capital and Wage Inequality aloud.
Taxation of Human Capital and Wage Inequality is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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