dc.contributor.author | Dögüs, Ilhan | de |
dc.date.accessioned | 2018-11-05T10:46:15Z | |
dc.date.available | 2018-11-05T10:46:15Z | |
dc.date.issued | 2017 | de |
dc.identifier.issn | 1868-4947 | de |
dc.identifier.uri | https://www.ssoar.info/ssoar/handle/document/59934 | |
dc.description.abstract | It has already been pointed out in the literature on financialisation that private pension funds have played a key role in the inflation of financial markets. This paper argues that an increase in wage dispersion between white-collar and blue-collar workers affects pension funds in a direct and structural manner. Using Saez-Zucman and fred.stlouisfed annual datasets, the proposed argument is statistically analysed by applying Vector Autoregressive modelling for the period 1966-2013 in the USA. The results show that the responses of share of pension funds within US-household wealth to one-unit shock in wage dispersion are positive and significant over the first three years. Furthermore, wage dispersion explains 11% of variations in pension funds’ share in household wealth in the short-run and 19% of variations in the long-run. The study concludes that wage dispersion has a direct and structural impact on pension funds and contributes to the literature by clarifying the rise and expansion of pension funds. | de |
dc.language | en | de |
dc.subject.ddc | Soziologie, Anthropologie | de |
dc.subject.ddc | Sociology & anthropology | en |
dc.subject.ddc | Sozialwissenschaften, Soziologie | de |
dc.subject.ddc | Social sciences, sociology, anthropology | en |
dc.subject.ddc | Wirtschaft | de |
dc.subject.ddc | Economics | en |
dc.title | Wage Dispersion and Pension Funds: Financialisation of Non-Financial Corporations in the USA, 1966-2013 | de |
dc.description.review | begutachtet | de |
dc.description.review | reviewed | en |
dc.source.volume | 63 | de |
dc.publisher.country | DEU | |
dc.publisher.city | Hamburg | de |
dc.source.series | ZÖSS Discussion Paper | |
dc.subject.classoz | Industrie- und Betriebssoziologie, Arbeitssoziologie, industrielle Beziehungen | de |
dc.subject.classoz | Sociology of Work, Industrial Sociology, Industrial Relations | en |
dc.subject.classoz | soziale Sicherung | de |
dc.subject.classoz | Social Security | en |
dc.subject.classoz | Volkswirtschaftstheorie | de |
dc.subject.classoz | National Economy | en |
dc.subject.thesoz | Pension | de |
dc.subject.thesoz | retirement pension | en |
dc.subject.thesoz | Rente | de |
dc.subject.thesoz | pension | en |
dc.subject.thesoz | Finanzierung | de |
dc.subject.thesoz | funding | en |
dc.subject.thesoz | Lohn | de |
dc.subject.thesoz | wage | en |
dc.subject.thesoz | Lohnunterschied | de |
dc.subject.thesoz | wage difference | en |
dc.subject.thesoz | Arbeiter | de |
dc.subject.thesoz | worker | en |
dc.subject.thesoz | Angestellter | de |
dc.subject.thesoz | salaried employee | en |
dc.subject.thesoz | Rentenfond | de |
dc.subject.thesoz | pension fund | en |
dc.subject.thesoz | Finanzmarkt | de |
dc.subject.thesoz | financial market | en |
dc.subject.thesoz | USA | de |
dc.subject.thesoz | United States of America | en |
dc.identifier.urn | urn:nbn:de:0168-ssoar-59934-9 | |
dc.rights.licence | Deposit Licence - Keine Weiterverbreitung, keine Bearbeitung | de |
dc.rights.licence | Deposit Licence - No Redistribution, No Modifications | en |
internal.status | formal und inhaltlich fertig erschlossen | de |
internal.identifier.thesoz | 10054259 | |
internal.identifier.thesoz | 10035338 | |
internal.identifier.thesoz | 10039414 | |
internal.identifier.thesoz | 10035631 | |
internal.identifier.thesoz | 10051368 | |
internal.identifier.thesoz | 10035924 | |
internal.identifier.thesoz | 10035622 | |
internal.identifier.thesoz | 10056628 | |
internal.identifier.thesoz | 10034971 | |
internal.identifier.thesoz | 10041244 | |
dc.type.stock | monograph | de |
dc.type.document | Arbeitspapier | de |
dc.type.document | working paper | en |
dc.source.pageinfo | 28 | de |
internal.identifier.classoz | 10204 | |
internal.identifier.classoz | 11003 | |
internal.identifier.classoz | 1090301 | |
internal.identifier.document | 3 | |
dc.contributor.corporateeditor | Universität Hamburg, Fak. Wirtschafts- und Sozialwissenschaften, FB Sozialökonomie, Zentrum für Ökonomische und Soziologische Studien (ZÖSS) | |
internal.identifier.corporateeditor | 337 | |
internal.identifier.ddc | 301 | |
internal.identifier.ddc | 300 | |
internal.identifier.ddc | 330 | |
dc.description.pubstatus | Veröffentlichungsversion | de |
dc.description.pubstatus | Published Version | en |
internal.identifier.licence | 3 | |
internal.identifier.pubstatus | 1 | |
internal.identifier.review | 2 | |
internal.identifier.series | 627 | |
internal.pdf.wellformed | true | |
internal.pdf.ocr | null Page_2 Page_28 | |
internal.pdf.encrypted | false | |