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来源类型Working Paper
规范类型报告
DOI10.3386/w0004
来源IDWorking Paper 0004
Human Capital Life Cycle of Earnings Models: A Specific Solution and Estimation
Lee A. Lillard
发表日期1973-07-01
出版年1973
语种英语
摘要The purpose of this paper is to consider human capital models of earning behavior over an individual lifetime. A general class of life cycle models relating to individual earnings behavior is developed by considering alternative formulation of the basic Ben- Porath type model. An explicit solution to a specific formulation within this general class is considered in some detail. An empirical development of this explicit earnings function is estimated using data on a cohort of individuals surveyed at some point in their lifetime. The empirical estimates are discussed in detail. The estimated earnings function is then used to predict and individual's discounted present value of lifetime earnings.
URLhttps://www.nber.org/papers/w0004
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/557201
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GB/T 7714
Lee A. Lillard. Human Capital Life Cycle of Earnings Models: A Specific Solution and Estimation. 1973.
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