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来源类型Working Paper
规范类型报告
DOI10.3386/w0121
来源IDWorking Paper 0121
Analysis of Longitudinal Earnings Data: American Scientists 1960-70
Lee A. Lillard; Yoram Weiss
发表日期1976
出版年1976
语种英语
摘要The major findings of this study are as follows: (1) Simple cross section estimates grossly underestimate cohort profiles during the period 1960-70. Furthermore the growth in earnings is not uniform across experience groups and more recent vintages tend to have steeper profiles in most fields. Consequently the rate of return or present value comparisons based on cross sections are likely to be misleading even if the standard adjustment for growth is made. (2) For purposes of estimating mean profiles and mean effects of variables estimates based on pooled independent cross sections are quite close to those based on the more expensive longitudinal data. (3) There are important persistent unmeasured individual effects on both the level and growth of earnings. Consequently, individuals with the same observed characteristics will still have a wide variance in their permanent income.
URLhttps://www.nber.org/papers/w0121
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/557317
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GB/T 7714
Lee A. Lillard,Yoram Weiss. Analysis of Longitudinal Earnings Data: American Scientists 1960-70. 1976.
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