The drivers of labour income inequality: an analysis based on Bayesian Model Averaging/ created by Isabell Koske and I. Wanner

By:

Koske, I [author]

Contributor(s):

Wanner, I [co author]

Material type: Text

TextSeries: Applied economics letters ; Volume 20, number 2New York: Taylor and Francis, 2013Content type:

text

Media type:

unmediated

Carrier type:

volume

ISSN:

13504851

Subject(s):

Labour income -- Inequality -- Education policy

LOC classification:

HB1.A666 APP

Online resources:

Click here to access online

Abstract: Many Organisation for Economic Co-operation and Development (OECD) countries have seen income inequality rising over the past decade, which has led to a renewed interest among researchers and policy makers in understanding the causes of income inequality. To shed light on this issue, this article investigates the determinants of labour income inequality for a sample of 22 OECD countries. As model uncertainty is likely to be a major issue in such an underpinning, the empirical analysis relies on a Bayesian Model Averaging (BMA) technique. The results suggest that in particular labour, education and tax policies have an important influence on the distribution of labour income.

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Item type	Current library	Call number	Vol info	Copy number	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HB1.A666 APP (Browse shelf(Opens below))	Vol. 20, no.2 (pages 123-126)	SP17971	Not for loan	For in house use only

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Many Organisation for Economic Co-operation and Development (OECD) countries have seen income inequality rising over the past decade, which has led to a renewed interest among researchers and policy makers in understanding the causes of income inequality. To shed light on this issue, this article investigates the determinants of labour income inequality for a sample of 22 OECD countries. As model uncertainty is likely to be a major issue in such an underpinning, the empirical analysis relies on a Bayesian Model Averaging (BMA) technique. The results suggest that in particular labour, education and tax policies have an important influence on the distribution of labour income.

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