| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25485 |
| 来源ID | Working Paper 25485 |
| Uncertainty about Future Income: Initial Beliefs and Resolution During College | |
| Yifan Gong; Ralph Stinebrickner; Todd R. Stinebrickner | |
| 发表日期 | 2019-01-28 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We use unique data from the Berea Panel Study to characterize how much earnings uncertainty is present for students at college entrance and how quickly this uncertainty is resolved. We characterize uncertainty using survey questions that elicit the entire distribution describing one’s beliefs about future earnings. Taking advantage of the longitudinal nature of the expectations data, we find that roughly two-thirds of the income uncertainty present at the time of entrance remains at the end of college. Taking advantage of a variety of additional survey questions, we provide evidence about how the resolution of income uncertainty is influenced by factors such as college GPA and college major, and also examine why much income uncertainty remains unresolved at the end of college. This paper also contributes to a literature interested in understanding the relative importance of uncertainty and heterogeneity in determining observed earnings distributions. |
| 主题 | Health, Education, and Welfare ; Education ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w25485 |
| 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/583159 |
| 推荐引用方式 GB/T 7714 | Yifan Gong,Ralph Stinebrickner,Todd R. Stinebrickner. Uncertainty about Future Income: Initial Beliefs and Resolution During College. 2019. |
| 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 | ||
| w25485.pdf（484KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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