IDEAS home Printed from https://ideas.repec.org/p/nse/doctra/g2014-03.html
   My bibliography  Save this paper

Wage earnings volatility in the private sector in France since 1968

Author

Listed:
  • N. CECI-RENAUD

    (Crest)

  • P. CHARNOZ

    (Insee)

  • M. GAINI

    (Crest)

Abstract

We model wage earnings profiles in order to decompose their cross sectional variance in permanent inequalities and transitory volatility. We use the DADS panel from 1968 to 2008 and focus on men between 25 and 55 year old, wage earners in the private sector. We find that volatility amounts to at least one third of cross sectional variance and that it is higher but less persistent for younger people (ages 26-35). After a period of great stability from the end of the 60s to the beginning of the 80s, wage earnings volatility increased between 1980 and 1988, then decreased in the 90s. The level of volatility in the 2000s is thus not higher than in the 70s. These results are robust to various specifications and we propose an original data balancing method to limit selection bias in the temporal evolutions. On our data, selection of individuals turns out to be more important than specification choices. Our results give a posteriori credit to descriptive approaches using annual wage growth variances.

Suggested Citation

  • N. Ceci-Renaud & P. Charnoz & M. Gaini, 2014. "Wage earnings volatility in the private sector in France since 1968," Documents de Travail de l'Insee - INSEE Working Papers g2014-03, Institut National de la Statistique et des Etudes Economiques.
    • Handle: RePEc:nse:doctra:g2014-03
    as

    Download full text from publisher

    File URL: https://www.bnsp.insee.fr/ark:/12148/bc6p06zr79t/f1.pdf
    File Function: Document de travail de la DESE numéro G2014-03
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    earning inequality; earning volatility; wages;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nse:doctra:g2014-03. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: INSEE (email available below). General contact details of provider: https://edirc.repec.org/data/inseefr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.