Seminario 14/21 – Laura HOSPIDO (BDE): The Cycle of Earnings Inequality: Evidence from Spanish Social Security Data

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Abstract We use detailed information on labor earnings and employment from Social Security records to document earnings inequality in Spain from 1988 to 2010. Male earnings inequality was strongly countercyclical: it increased around the 1993 recession, showed a substantial decrease during the 1997-2007 expansion and then a sharp increase during the recent recession. These developments were partly driven by…