G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9131
DP9131 A Cautionary Note on Using Industry Affiliation to Predict Income
Jorn-Steffen Pischke; Hannes Schwandt
发表日期2012-09-16
出版年2012
语种英语
摘要Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income. We demonstrate that industry affiliation is correlated with fixed individual characteristics, specifically parents' education and own height, conditional on the covariates typically controlled for in these studies. These results suggest that there is selection into industries based on unobservables. As a result the exclusion restriction in many IV studies of this type is likely violated.
主题Labour Economics
关键词Happiness Health Industry wage differentials Intergenerational mobility
URLhttps://cepr.org/publications/dp9131
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/537965
推荐引用方式
GB/T 7714
Jorn-Steffen Pischke,Hannes Schwandt. DP9131 A Cautionary Note on Using Industry Affiliation to Predict Income. 2012.
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