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 ...
We examine the reemployment earnings of workers reemployed by a former employer (known as recall) across different occupations. We first ask whether recalls represent a flexibilization strategy that mitigates adverse unemployment effects on workers’ earnings. And second, whether there are any differences in post-unemployment earnings of recalled workers across different occupations. The article contributes ...
