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dc.contributor.authorCysne, Rubens Penha
dc.date.accessioned2008-05-13T15:32:28Z
dc.date.available2008-05-13T15:32:28Z
dc.date.issued2004-08-01
dc.identifier.issn0104-8910
dc.identifier.urihttp://hdl.handle.net/10438/742
dc.description.abstractThis paper investigates the income inequality generated by a jobsearch process when di§erent cohorts of homogeneous workers are allowed to have di§erent degrees of impatience. Using the fact the average wage under the invariant Markovian distribution is a decreasing function of the time preference (Cysne (2004)), I show that the Lorenz curve and the between-cohort Gini coe¢ cient of income inequality can be easily derived in this case. An example with arbitrary measures regarding the wage o§ers and the distribution of time preferences among cohorts provides some quantitative insights into how much income inequality can be generated, and into how it varies as a function of the probability of unemployment and of the probability that the worker does not Önd a job o§er each period.eng
dc.language.isoeng
dc.publisherEscola de Pós-Graduação em Economia da FGVpor
dc.relation.ispartofseriesEnsaios Econômicos;559por
dc.titleIncome inequality: the role of impatience in a job-search processeng
dc.typeWorking Papereng
dc.subject.areaEconomiapor
dc.contributor.unidadefgvEscolas::EPGEpor
dc.subject.bibliodataEconomiapor
dc.subject.bibliodataRenda - Distribuiçãopor
dc.subject.bibliodataEmprego (Teoria econômica)por
dc.contributor.affiliationFGV


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