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- W2122818578 abstract "This paper argues that the canonical assignment mod el, which is widely used in the study of wage determination, provides n atural links to the standardized tools of inequality analysis, such as the Lorenz curve and the Gini coefficient. I show that an intuitive formula for t he Gini coefficient of earnings can be derived using a standard assignment model. Such a model is useful in understanding the potential sources of earni ngs inequality, since it formulates the Gini coefficient as a function of the d ispersion of worker skills, the distribution of firm productivities, and the st rength of complementarities in production between capital and labor. The Gini c oefficient increases with the dispersion of skills, the dispersion of product ivities, and the labor share." @default.
- W2122818578 created "2016-06-24" @default.
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- W2122818578 date "2012-02-01" @default.
- W2122818578 modified "2023-09-27" @default.
- W2122818578 title "On the Economic Content of the Gini Coefficient" @default.
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