Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/210420 
Year of Publication: 
2018
Series/Report no.: 
Working Paper No. 863
Publisher: 
Queen Mary University of London, School of Economics and Finance, London
Abstract: 
We use a dynamic factor model to consider if real wage growth in the US, UK and Germany at different percentiles of the distribution can be explained by factors that are common across countries or specific to each country. Our results suggest that common factors explain a large proportion of the movement in wages when considering the left tail of the distribution indicating that shocks that are common across countries are important for low wage households.
Subjects: 
Household wages
dynamic factor model
JEL: 
C5
E1
E5
E6
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.