| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w7542 |
| 来源ID | Working Paper 7542 |
| Why Do Dancers Smoke? Time Preference, Occupational Choice, and Wage Growth | |
| Lalith Munasinghe; Nachum Sicherman | |
| 发表日期 | 2000-02-01 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | Time preference is a key determinant of occupational choice and investments in human capital. Since careers are characterized by different wage growth prospects, individual discount rates play an important role in the relative valuation of jobs or occupations. We predict that individuals with lower discount rates are more likely to select into jobs or occupations with steeper wage profiles. To test this hypothesis we use smoking as an instrument for time preference. Panel data from the NLSY (1979-94) are ideal for our purposes since it contains information on smoking behavior in addition to detailed work histories and other socio-economic variables. We find that smokers have substantially flatter wage profiles, and a higher marginal rate of substitution of current wages for future wages. Incidentally, a survey of several hundred undergraduates at Barnard and Columbia College show that dance majors have the highest smoking rate. |
| 主题 | Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w7542 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/565089 |
| 推荐引用方式 GB/T 7714 | Lalith Munasinghe,Nachum Sicherman. Why Do Dancers Smoke? Time Preference, Occupational Choice, and Wage Growth. 2000. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w7542.pdf（393KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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