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Journal Article
Dissecting Wage Dispersion
Wages are substantially dispersed across workers, jobs, and employers in the U.S. economy. Although some of that dispersion is due to demographic factors, the authors found that after controlling for those differences, both ?who you are? (the permanent component of wage dispersion) and ?where you work? (the match-specific component of wagedispersion) contribute to the range of wages paid.
Journal Article
How Insured Are Workers Against Unemployment? Unemployment Insurance and the Distribution of Liquid Wealth
In this Economic Commentary, we analyze the relationship between unemployment insurance (UI) recipiency and insurance by examining the wealth distribution of workers who have been through an unemployment spell. We focus on the net liquid wealth gap between recipients and nonrecipients of UI along the income distribution of the unemployed. Using recent data from the Survey of Income and Program Participation at the individual level, we estimate that UI recipients at the bottom half of the income distribution tend to have higher median net liquid wealth than nonrecipients, putting nonrecipients ...