| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w30095 |
| 来源ID | Working Paper 30095 |
| Individual Earnings and Family Income: Dynamics and Distribution | |
| Joseph G. Altonji; Disa M. Hynsjö; Ivan Vidangos | |
| 发表日期 | 2022-05-30 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | We review research on the dynamics and distribution of individual earnings and family income. We start with univariate earnings models, which dominate the literature and are often used as the exogenous component of family income in structural models of saving. We present a version of the linear model that nests most of the specifications that have been used in the literature, and then discuss recent papers that stress nonnormal shocks, nonlinear and age-dependent processes, and heterogeneous model parameters. The recent work provides a much richer description of the nature of earnings volatility than the basic model. We then turn to models of individual earnings that are based on wages, employment, job mobility, and hours. These multivariate models permit measuring the sources of permanent differences in earnings and distinguishing among shocks that influence earnings through employment, job mobility, general productivity, or hours. Finally, we consider models of lifetime family income that integrate individual earnings, marriage (accounting for marital sorting), and earnings of a spouse (if present). We conclude by discussing directions for future work. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Labor Economics ; Demography and Aging ; Labor Supply and Demand ; Labor Compensation |
| URL | https://www.nber.org/papers/w30095 |
| 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/587769 |
| 推荐引用方式 GB/T 7714 | Joseph G. Altonji,Disa M. Hynsjö,Ivan Vidangos. Individual Earnings and Family Income: Dynamics and Distribution. 2022. |
| 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 | ||
| w30095.pdf（729KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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