CEEAplA Working Paper Series 2007
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Browsing CEEAplA Working Paper Series 2007 by Author "Budría, Santiago"
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- Economic inequality in Portugal : A picture in the beginnings of the 21st centuryPublication . Budría, SantiagoThis article uses data from the 1994-2001 waves of the European Community Household Panel to study economic inequality in Portugal. It reports data on the Portuguese distributions of income, labor earnings, and capital income, and on related features of inequality, such as age, employment status, educational attainment, marital status and economic mobility. It also documents changes in inequality from 1994 to 2001, a period of economic expansion in Portugal. The statistical significance of the observed changes is assessed using non-parametric tests based on bootstrap techniques. The paper shows that income, earnings, and, very especially, capital income are very unequally distributed in Portugal. It also shows that over the sample years income and earnings inequality decreased, whilst capital income inequality tended to increase.
- Overeducation and wages in Europe : evidence from quantile regressionPublication . Budría, Santiago; Moro-Egido, Ana I.The literature has typically assumed that the effect of overeducation on wages is constant over the conditional wage distribution. In this paper, we use quantile regression and data from 12 European countries to show that the overeducation wage effect may differ largely across segments of the distribution. By differentiating between quantiles, we discriminate between groups of workers with different (unobservable) skills. We find that the detrimental effects of overeducation among the high-skilled are indeed higher than among the lowskilled. This finding lends support to the view that overeducation is an event that reduces the worker’s potential productivity, regardless of his skills.