1970–1999

Statistical methods for the analysis of earnings data

 

In the complicated and technical process of present day collective bargaining comparisons of wages and salaries are done by more and more refined methods. Similar comparisons are central both in professional and political debate about income distributions and inequality in standard of living. Studies in the structure of earnings are also important for the analysis of consumption and savings behavior and for educational planning.

In this study two different (but related) approaches are suggested for the analysis of earnings data. The first approach is a combined time series and cross sectional analysis of age-earnings profiles by educational qualification, the second is a more detailed investigation of the earnings structure in a cross section. As an illustration they are applied to salary data from Swedish industry.

A profile for a cohort of employees is obtained as the sum of an initial salary and successive salary increments. These increments are explained by a general salary increase, an increase due to experience and an increase due to age. The applicability of the profile model is illustrated by a comparative analysis of profiles for employees with various educational qualifications, including calculations of life-time salaries.

In the cross sectional analysis salary differences are estimated due to job, branch of industry and cost of living area in addition to age and education. Furthermore, the stability of the salary structure is investigated in a comparison between four cross sections from the period 1957-1968.

In the book there are also included chapters on institutional background, labour composition and mobility and the statistical data used.
 

An Agenda for Europe

Institutional Reform for Innovation and Entrepreneurship

Omslag 2017 Institutional Reform for Innovation and Entrepreneurship.jpg

The authors of this book, Niklas Elert, Magnus Henrekson and Mikael Stenkula, advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal.

Events

Seminars organized by IFN

 

To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se