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Income inequality from a lifetime perspective

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  • Corneo, Giacomo

Abstract

Studying lifetime income inequality for individuals who belong to the same cohort can contribute valuable insights that cannot be obtained by usual analyses of annual incomes. Data from the social security system indicates that in West Germany, over the cohorts born between 1935 and 1972, lifetime earnings inequality has strongly increased. For male baby-boomers, lifetime inequality is predicted to be 85 % larger than in the case of their fathers. This is larger than the increase of inequality in the cross-section and points to dramatic intergenerational changes in the German labor market.

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  • Corneo, Giacomo, 2014. "Income inequality from a lifetime perspective," Discussion Papers 2014/30, Free University Berlin, School of Business & Economics.
    • Handle: RePEc:zbw:fubsbe:201430
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    Cited by:

    1. Gabriel Felbermayr & Michele Battisti & Sybille Lehwald, 2016. "Einkommensungleichheit in Deutschland, Teil 2: Die Rolle der Umverteilung," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(14), pages 22-29, July.
    2. Peter Haan & Daniel Kemptner & Victoria Prowse, 2017. "Insurance, Redistribution, and the Inequality of Lifetime Income," Discussion Papers of DIW Berlin 1716, DIW Berlin, German Institute for Economic Research.
    3. Corneo, Giacomo G. & Bönke, Timm & Westermeier, Christian, 2016. "Erbschaft und Eigenleistung im Vermögen der Deutschen: eine Verteilungsanalyse," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 17(1), pages 35-53.
    4. Gunther Tichy, 2014. "Flexicurity – ein an seiner Umsetzung scheiterndes Konzept," WIFO Monatsberichte (monthly reports), WIFO, vol. 87(8), pages 537-553, August.
    5. Garbinti, Bertrand & García-Peñalosa, Cecilia & Pecheu, Vladimir & Savignac, Frederique, 2023. "Trends and Inequality in Lifetime Earnings in France," CEPR Discussion Papers 18472, C.E.P.R. Discussion Papers.
    6. Bartels, Charlotte & Jenderny, Katharina, 2014. "The role of capital income for top incomes shares in Germany," Discussion Papers 2014/32, Free University Berlin, School of Business & Economics.
    7. Christine Mayrhuber & Rainer Eppel & Thomas Horvath & Helmut Mahringer, 2020. "Destandardisierung von Erwerbsverläufen und Rückwirkungen auf die Alterssicherung," WIFO Studies, WIFO, number 66001, March.
    8. Tharcisio Leone, 2019. "Intergenerational Mobility in Education: Estimates of the Worldwide Variation," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 44(4), pages 1-42, December.
    9. Hattendorff, Christian, 2014. "Natural resources, demand for external finance and financial development," Discussion Papers 2014/33, Free University Berlin, School of Business & Economics.
    10. Rocco ZIZZAMIA & Vimal RANCHHOD, 2020. "Earnings inequality over the life-course in South Africa," Working Paper 98ced6cc-3016-49dc-a2b6-b, Agence française de développement.

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