Title: Dynamics and Seasonality in Quarterly Panel Data: An Analysis of Earnings Mobility in Spain
Abstract: In this paper I present an empirical analysis of the dynamics of individual earnings using Spanish quarterly earnings. I propose a new econometric methodology to control for the seasonality in my dataset. Moreover, I apply this methodology to the study of earnings mobility in Spain, using transition probabilities among earnings quintiles for the period 1985-1996. I find substantial mobility from one year to the next. However, earnings changes are basically among adjacent quintiles. Workers with university education are more mobile than workers with primary and secondary education. On the other hand, I observe greater negative mobility among earnings quintiles and more persistence of low earnings situations over the nineties, and especially for workers with primary education.
Publication Year: 1999
Publication Date: 1999-11-01
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot