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The distribution of income over-life: Are we building a new glass ceiling?

Author

Listed:
  • Marta Pascual Sáez
  • Noelia González-Prieto
  • David Cantarero-Prieto

Abstract

The recent economic crisis has highlighted the long-term value of earnings over life. This paper is focused on the relationship between income and age for the case of Spain. Different econometric models and panel techniques are used to explain income over life. We have considered cohort data for different age groups over the years 2003 to 2010 using the information contained in the European Union Statistics on Income and Living Conditions (EU-SILC). We provide empirical evidence confirming that the variation of earnings with age follows a quadratic function, reaches a maximum at age 48 years old and declines thereafter.

Suggested Citation

  • Marta Pascual Sáez & Noelia González-Prieto & David Cantarero-Prieto, 2016. "The distribution of income over-life: Are we building a new glass ceiling?," Working Papers. Collection B: Regional and sectoral economics 1604, Universidade de Vigo, GEN - Governance and Economics research Network.
  • Handle: RePEc:gov:wpregi:1604
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    File URL: http://infogen.webs.uvigo.es/WPB/WP1604.pdf
    File Function: First version, 2016
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    References listed on IDEAS

    as
    1. Marta Pascual, 2006. "The distribution of income over life: an empirical approach," Applied Economics Letters, Taylor & Francis Journals, vol. 13(7), pages 431-434.
    2. Alfredo Pereira & Jorge Andraz, 2012. "Social security and economic performance in Portugal: after all that has been said and done how much has actually changed?," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 11(2), pages 83-100, August.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Earnings over life; EUSILC; income inequality; glass ceiling.;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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