Measuring wage inequality under right censoring
نویسندگان
چکیده
A conditional tail index estimator is introduced which explicitly allows for right-tail censoring (top-coding). We show that the factor values used to adjust top-coded wages have changed over time and depend on individuals' characteristics, occupations industries, propose suitable values. Specifically, contrasting results of our approach with those a conservative fixed adjustment 1.5 (used in literature), suggests wage inequality 2017 measured Gini coefficient larger than suggested by factor.
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ژورنال
عنوان ژورنال: Economic Inquiry
سال: 2022
ISSN: ['0043-3640', '1465-7295', '0095-2583']
DOI: https://doi.org/10.1111/ecin.13119