This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings between 1960 and 2009. Over this period, the German labor market undergoes a heavy transformation and experiences ...
Auch in Berlin sind öffentliche Investitionen entscheidend für die Lebenszufriedenheit der Menschen und Voraussetzung für eine positive wirtschaftliche Entwicklung. DieBetätigungsfelder für öffentliche Investitionen sind vielfältig. Aufgaben für Berlin sind unter anderem ein zukunftsfähiges Verkehrskonzept mit dem Erhalt und dem Ausbau des ÖPNVs und einem tragfähigen Fahrradkonzept, es müssen alte ...
In Berlin, as elsewhere, public investment is critical to an individual’s life satisfaction and a prerequisite for positive economic development. There are many fields of activity for public investment. For instance, the tasks for Berlin include a sustainable transport concept that maintains and develops the local passenger transport network, a sustainable cycle concept, new schools need to be built ...
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings between 1960 and 2009. Over this period, the German labor market undergoes a heavy transformation and experiences ...