Arbeitspapier

The cycle of earnings inequality: Evidence from Spanish social security data

We use detailed information on labor earnings and employment from social security records to document the evolution of earnings inequality in Spain from 1988 to 2010. Male earnings inequality was strongly countercyclical: it increased around the 1993 recession, showed a substantial decrease during the 1997-2007 expansion, and then a sharp increase during the recent recession. This evolution was partly driven by the cyclicality of employment and earnings in the lower-middle part of the distribution. We emphasize the importance of the housing boom and subsequent housing bust, and show that demand shocks in the construction sector had large effects on aggregate labor market outcomes.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 6669

Klassifikation
Wirtschaft
Personal Income, Wealth, and Their Distributions
Labor Force and Employment, Size, and Structure
Wage Level and Structure; Wage Differentials
Thema
earnings inequality
social security data
unemployment
business cycle
Lohnstruktur
Lohndifferenzierung
Konjunkturelle Arbeitslosigkeit
Spanien

Ereignis
Geistige Schöpfung
(wer)
Bonhomme, Stephane
Hospido, Laura
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2012

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bonhomme, Stephane
  • Hospido, Laura
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2012

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