This study provides novel evidence on the relevance of task content changes between and within occupations to wage dynamics of occupational changers and stayers. I use individual‐level, cross‐sectional data featuring tasks performed on the job to compute a measure of proximity of job contents. Then, I merge this measure to a large‐scale panel survey to show that occupational changers experience a wage ...
We examine the composition of augmented household wealth, the sum of net worth and pension wealth, in the United States and Germany. Pension wealth makes up a considerable portion of household wealth of about 48% in the United States and 61% in Germany. When pension wealth is included in household wealth, the Gini coefficient falls from 0.889 to 0.700 in the United States and from 0.755 to 0.508 in ...
**Update** Just published: a new journal article to describe and refer to the SOEP data. Jan Goebel, Markus M. Grabka, Stefan Liebig, Martin Kroh, David Richter, Carsten Schröder, Jürgen Schupp. 2019. The German Socio-Economic Panel Study (SOEP). Jahrbücher für Nationalökonomie und Statistik / Journal of Economics and Statistics 239(2), 345-60. doi: 10.1515/jbnst-2018-0022 ...