Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9131 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。