Life Cycle Bias in the Estimation of Intergenerational Earnings Persistence PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Life Cycle Bias in the Estimation of Intergenerational Earnings Persistence PDF full book. Access full book title Life Cycle Bias in the Estimation of Intergenerational Earnings Persistence by Nathan D. Grawe. Download full books in PDF and EPUB format.
Author: Nathan D. Grawe
Publisher: Statistics Canada
ISBN: 9780662346739
Category : Fathers and sons
Languages : en
Pages : 38
Get Book Here
Book Description
Author: Nathan D. Grawe
Publisher: Statistics Canada
ISBN: 9780662346739
Category : Fathers and sons
Languages : en
Pages : 38
Get Book Here
Book Description
Author: Statistics Canada
Publisher:
ISBN: 9780662346739
Category :
Languages : en
Pages : 38
Get Book Here
Book Description
Author: Øivind Anti Nilsen
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Using Norwegian intergenerational data, which include a substantial part of the life-cycle earnings for children and almost the entire life-cycle earnings for their fathers, we present new estimates of intergenerational mobility. Extending the length of fathers' earnings window from 5 to 25 years increases estimated elasticities. Increasing the age at which fathers' earnings are observed has the opposite effect. Biases in the estimated elasticities are related to both transitory earnings variation and life-cycle measurement error; the former appear to be more important than the latter. Estimation bias stemming from persistence in transitory innovations plays only a minor role. Our findings indicate that intergenerational earnings mobility in Norway might have been strongly overstated in many earlier studies with shorter earnings histories. Some of our new estimates are twice as large as earlier estimates.
Author: Jan Leonard Stuhler
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: S. Jenkins
Publisher:
ISBN:
Category : Economics
Languages : en
Pages :
Get Book Here
Book Description
Author: Stephen Jenkins
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
Get Book Here
Book Description
Author: Lutz Hendricks
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
This paper proposes a new method for estimating the intergenerational persistence of lifetime earnings from data that contain only short sections of individual earnings histories. The approach infers lifetime earnings persistence from the persistence of short earnings averages together with information about the stochastic process governing individual earnings. I find that lifetime earnings are substantially more persistent than estimates of average earnings persistence suggest. The coefficient in a regression of children's lifetime earnings on fathers' lifetime earnings is approximately 0.54. Proxying for lifetime earnings using five year averages leads to a downward bias in estimated intergenerational persistence of one-third. The bias is much stronger, if observations with zero earnings are not excluded from the sample. These findings are robust against alternative assumptions about the data generating process for earnings.
Author: Lawrence Buron
Publisher:
ISBN:
Category :
Languages : en
Pages : 420
Get Book Here
Book Description
Author: David Brady
Publisher: Oxford University Press
ISBN: 0199914052
Category : Political Science
Languages : en
Pages : 937
Get Book Here
Book Description
The Oxford Handbook of the Social Science of Poverty builds a common scholarly ground in the study of poverty by bringing together an international, inter-disciplinary group of scholars to provide their perspectives on the issue. Contributors engage in discussions about the leading theories and conceptual debates regarding poverty, the most salient topics in poverty research, and the far-reaching consequences of poverty on the individual and societal level.
Author: Miles Corak
Publisher: Cambridge University Press
ISBN: 9781139455763
Category : Business & Economics
Languages : en
Pages : 348
Get Book Here
Book Description
Labour markets in North America and Europe have changed tremendously in the face of increased globalisation and technical progress, raising important challenges for policy makers concerned with equality of opportunity. This book examines the influence of both changes in income inequality and of social policies on the degree to which economic advantage is passed on between parents and children in the rich countries. Standard theoretical models of generational dynamics are extended to examine generational income and earnings mobility over time and across space. Over twenty contributors from North America and Europe offer comparable estimates of the degree of mobility, changes in mobility, and the impact of government policy. In so doing, they strengthen the analytical tool kit used in the study of generational mobility, and offer insights for research and directions in dealing with equality of opportunity and child poverty.
