Life-cycle variation in the association between current and lifetime earnings

American Economic Review

Volumn 96, Issue 4, 2006, Pages 1308-1320

  Haider, Steven ^a   Solon, Gary ^b  

^a MICHIGAN STATE UNIVERSITY   (United States)

^b UNIVERSITY OF MICHIGAN   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33847641832     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: 10.1257/aer.96.4.1308     Document Type: Article

References (27)

1. Abowd, John M. and Card, David. "On the Covariance Structure of Earnings and Hours Changes." Econometrica, 1989, 57(2), pp. 411-45.
2. Angrist, Joshua D. and Krueger, Alan B. "Empirical Strategies in Labor Economics," in Orley C. Ashenfelter and David Card, eds., Handbook of labor economics. Vol. 3A. Amsterdam: Elsevier Science, North-Holland, 1999, pp. 1277-1366.
3. Baker, Michael. "Growth-Rate Heterogeneity and the Covariance Structure of Life-Cycle Earnings." Journal of Labor Economics, 1997, 15(2), pp. 338-75.
4. Baker, Michael and Solon, Gary. "Earnings Dynamics and Inequality among Canadian Men, 1976-1992: Evidence from Longitudinal Income Tax Records." Journal of Labor Economics, 2003, 27(2), pp. 289-321.
5. Björklund, Anders. "A Comparison between Actual Distributions of Annual and Life-time Income: Sweden 1951-89." Review of Income and Wealth, 1993, 39(4), pp. 377-86.
6. Bohlmark, Anders and Lindquist, Matthew J. "Life-Cycle Variations in the Association between Current and Lifetime Income: Country, Gender and Cohort Differences." Unpublished Paper, 2005.
7. Bound, John and Krueger, Alan B. "The Extent of Measurement Error in Longitudinal Earnings Data: Do Two Wrongs Make a Right?" Journal of Labor Economics, 1991, 9(1), pp. 1-24.
8. Bound, John and Solon, Gary. "Double Trouble: On the Value of Twins-Based Estimation of the Return to Schooling." Economics of Education Review, 1999, 18(2), pp. 169-82.
9. Friedman, Milton. A theory of the consumption function. Princeton: Princeton University Press, 1957.
10. Gottschalk, Peter and Moffitt, Robert. "The Growth of Earnings Instability in the U.S. Labor Market." Brookings Papers on Economic Activity, 1994, 2, pp. 217-54.
11. Grawe, Nathan D. "Lifecycle Bias in Estimates of Intergenerational Earnings Persistence." Labour Economics (forthcoming).
12. Haider, Steven J. "Earnings Instability and Earnings Inequality of Males in the United States: 1967-1991." Journal of Labor Economics, 2001, 19(4), pp. 799-836.
13. Haider, Steven J. and Solon, Gary. "Nonrandom Selection in the HRS Social Security Earnings Sample." RAND, Labor and Population Program Working Paper Series: No. 00-01, 2000.
14. Jenkins, Stephen. "Snapshots versus Movies: 'Lifecycle Biases' and the Estimation of Intergenerational Earnings Inheritance." European Economic Review, 1987, 31(5), pp. 1149-58.
15. Juster, F. Thomas and Suzman, Richard. "An Overview of the Health and Retirement Study." Journal of Human Resources, 1995, 30(Supplement), pp. S7-56.
16. Kane, Thomas J.; Rouse, Cecelia Elena and Staiger, Douglas. "Estimating Returns to Schooling when Schooling Is Misreported." National Bureau of Economic Research, Inc., NBER Working Papers: No. 7235, 1999.
17. Kim, Bonggeun and Solon, Gary. "Implications of Mean-Reverting Measurement Error for Longitudinal Studies of Wages and Employment." Review of Economics and Statistics, 2005, 87(1), pp. 193-96.
18. Lillard, Lee A. "Inequality: Earnings vs. Human Wealth." American Economic Review, 1977, 67(2), pp. 42-53.
19. Mazumder, Bhashkar. "The Mis-Measurement of Permanent Earnings: New Evidence from Social Security Earnings Data." Federal Reserve Bank of Chicago, Working Paper Series: 01-24, 2001.
20. Mazumder, Bhashkar. "Fortunate Sons: New Estimates of Intergenerational Mobility in the United States Using Social Security Earnings Data." Review of Economics and Statistics, 2005, 57(2), pp. 235-55.
21. Mincer, Jacob. Schooling, experience, and earnings. New York: National Bureau of Economic Research, 1974.
22. Modigliani, Franco and Brumberg, Richard. "Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data," in Kenneth K. Kurihara, ed., Post-Keynesian economics. New Brunswick: Rutgers University Press, 1954, pp. 388-436.
23. Reville, Robert T. "Intertemporal and Life Cycle Variation in Measured Intergenerational Earnings Mobility." Unpublished Paper, 1995.
24. Solon, Gary. "Intergenerational Income Mobility in the United States." American Economic Review, 1992, 82(3), pp. 393-408.
25. Solon, Gary. "Intergenerational Mobility in the Labor Market," in Orley C. Ashenfelter and David Card, eds., Handbook of labor economics. Vol. 3A. Amsterdam: Elsevier Science, North-Holland, 1999, pp. 1761-1800.
26. U.S. Social Security Administration. Annual statistical supplement to the social security bulletin: 1999. Washington, DC: U.S. Government Printing Office, 1999.
27. Wooldridge, Jeffrey M. Introductory econometrics: A modern approach. 3rd ed. Mason, OH: Thompson South-Western, 2006.