TY - JOUR AU - Burkhauser,Richard V. AU - Holtz-Eakin,Douglas AU - Rhody,Stephen E. TI - Labor Earnings Mobility and Inequality in the United States and Germany During the Growth Years of the 1980s JF - National Bureau of Economic Research Working Paper Series VL - No. 5988 PY - 1997 Y2 - April 1997 UR - http://www.nber.org/papers/w5988 L1 - http://www.nber.org/papers/w5988.pdf N1 - Author contact info: Richard V. Burkhauser Cornell University Department of Policy Analysis & Management 259 MVR Hall Ithaca, NY 14853-4401 Tel: 607/255-2097 Fax: 607/255-4071 E-Mail: rvb1@cornell.edu Douglas Holtz-Eakin American Action Forum 1401 New York Ave, NW Suite 1200 Washington, DC 20005 E-Mail: dholtzeakin@americanactionforum.org AB - Recent years have witnessed increased interest in issues of inequality and mobility in the labor market. Using data from the Panel Study of Income Dynamics and the German Socio-Economic Panel, we compare the labor earnings mobility of prime age men and women in the United States and Germany during the growth years of the 1980s. Despite major differences in labor market institutions we find very similar patterns in the two countries. Our formal models of labor earnings dynamics suggest a great deal of persistence in both countries. In the United States this may derive from permanent individual-specific differences among men, while in Germany random shocks are found to persist longer for men. Women in Germany and the United States have similar earnings dynamics. ER -