| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29361 |
| 来源ID | Working Paper 29361 |
| \u201cBeauty Too Rich for Use\u201d*: Billionaires\u2019 Assets and Attractiveness | |
| Daniel S. Hamermesh; Andrew Leigh | |
| 发表日期 | 2021-10-11 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We examine how the net worth of billionaires relates to their looks, as rated by 16 people of different gender and ethnicity. Surprisingly, their financial assets are unrelated to their beauty; nor are they related to their educational attainment. As a group, however, billionaires are both more educated and better-looking than average for their age. Men, people who reside in Western countries, and those who inherited substantial wealth, are wealthier than other billionaires. The results do not arise from measurement error or nonrandom sample selectivity. They are consistent with econometric theory about the impact of truncating a sample to include observations only from the extreme tail of the dependent variable. The point is underscored by comparing estimates of earnings equations using all employees in the 2018 American Community Survey to those using a sample of the top 0.1 percent. The findings suggest the powerful role of luck within the extremes of the distributions of economic outcomes. |
| 主题 | Econometrics ; Estimation Methods ; Labor Economics ; Labor Supply and Demand ; Labor Market Structures |
| URL | https://www.nber.org/papers/w29361 |
| 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/587035 |
| 推荐引用方式 GB/T 7714 | Daniel S. Hamermesh,Andrew Leigh. \u201cBeauty Too Rich for Use\u201d*: Billionaires\u2019 Assets and Attractiveness. 2021. |
| 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 | ||
| w29361.pdf（191KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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