Demand spillovers of smash-hit papers : evidence from the ‘Male Organ Incident’

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Kässi , O & Westling , T 2013 , ' Demand spillovers of smash-hit papers : evidence from the ‘Male Organ Incident’ ' , SpringerPlus , vol. 2:168 . https://doi.org/10.1186/2193-1801-2-168

Title: Demand spillovers of smash-hit papers : evidence from the ‘Male Organ Incident’
Author: Kässi, Otto; Westling, Tatu
Contributor: University of Helsinki, Department of Political and Economic Studies (2010-2017)
Date: 2013
Language: eng
Belongs to series: SpringerPlus
ISSN: 2193-1801
URI: http://hdl.handle.net/10138/165511
Abstract: Abstract I decompose the earnings variance of Finnish male and female workers into its permanent and transitory components using the approach of Baker (1997) and Haider (2001) in the spirit of scientific replication. I find that the increasing earnings inequality of men and women is driven by both the transitory and permanent components of earnings. In addition, I find considerable differences in the earnings dynamics of men and women, that have been largely neglected in previous studies of earnings dynamics. The inequality among men is dominated by the permanent component. Conversely, permanent and transitory components are of comparable magnitudes to women. As a corollary, men experience more stable income paths but display larger permanent earnings differences. Women, on the other hand, face more unstable earnings profiles but show smaller permanent differences in earnings.
Subject: 511 Economics
Earnings distribution
transitory inequality
variance decomposition
earnings dynamics
permanent inequality
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