Risk-adjusted measures of wage inequality and safety nets
Income variablity is likely to increase wage inequality if poorer households are more vulnerable to shocks. Using a simple method to estimate risk-adjusted measures of wage inequality and data from Mexico, this note shows that safety nets could offset a good part of the impact of risk aversion on wage inequality.
Volume (Year): 9 (2003)
Issue (Month): 1 ()
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References listed on IDEAS
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