Trends in men's earnings volatility: What does the Panel Study of Income Dynamics show?

Journal of Public Economics

Volumn 95, Issue 7-8, 2011, Pages 973-982

  Shin, Donggyun ^a   Solon, Gary ^b  

^a Kyung Hee University   (South Korea)

^b MICHIGAN STATE UNIVERSITY   (United States)

Author keywords

Earnings dynamics; Earnings volatility; Economic risk

Indexed keywords

EID: 79955005667     PISSN: 00472727     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jpubeco.2011.02.007     Document Type: Article

References (29)

1. Abowd John M., Card David On the covariance structure of earnings and hours changes. Econometrica 1989, 57:411-445. (March).
2. Baker Michael Growth rate heterogeneity and the covariance structure of life-cycle earnings. Journal of Labor Economics 1997, 15:537-570. (May).
3. Baker Michael, Solon Gary Earnings dynamics and inequality among Canadian men, 1976-1992: evidence from longitudinal income tax records. Journal of Labor Economics 2003, 21:289-321. (April).
4. Blundell Richard, Pistaferri Luigi, Preston Ian Consumption inequality and partial insurance. The American Economic Review 2008, 98:1887-1921. (December).
5. Brown, Charles, 1996. Notes on the 'SEO' or 'Census' Component of the PSID.
6. Cameron, Stephen, Tracy, Joseph, 1998. Earnings Variability in the United States: An Examination Using Matched-CPS Data.
7. Celik Sule, Juhn Chinhui, McCue Kristin, Thompson Jesse Understanding Earnings Instability: How Important Are Employment Fluctuations and Job Changes?. Working Paper No. 09-20, Center for Economic Studies, U.S. Bureau of the Census 2009.
8. Congressional Budget Office, 2007. Trends in Earnings Variability over the Past 20 Years.
9. Cunha Flavio, Heckman James, Navarro Salvador Separating uncertainty from heterogeneity in life cycle earnings. Oxford Economic Papers 2005, 57:191-261. (April).
10. Dahl, Molly, DeLeire, Thomas, Schwabish, Jonathan A., forthcoming. Estimates of year-to-year volatility in earnings and in household incomes from administrative, survey, and matched data. Journal of Human Resources.
11. Dynan, Karen E., Elmendorf, Douglas W., Sichel, Daniel E., 2008. The Evolution of Household Income Volatility.
12. Dynarski Susan, Gruber Jonathan Can families smooth variable earnings?. Brookings Papers on Economic Activity 1997, 1:229-284.
13. Farber Henry S. Is the Company Man an Anachronism? Trends in Long Term Employment in the U.S., 1973-2006. Working Paper No. 518, Industrial Relations Section 2007, Princeton University.
14. Gorbachev, Olga. "Did household consumption become more volatile?" American Economic Review, forthcoming.
15. Gottschalk Peter, Moffitt Robert The growth of earnings instability in the U.S. labor market. Brookings Papers on Economic Activity 1994, 2:217-254.
16. Gottschalk Peter, Moffitt Robert Trends in Earnings Volatility in the U.S.: 1970-2002 2006.
17. Hacker Jacob S. The Great Risk Shift: The Assault on American Jobs, Families, Health Care, and Retirement - And How You Can Fight Back 2006, Oxford University Press, Oxford.
18. Haider Steven J. Earnings instability and earnings inequality of males in the United States: 1967-1991. Journal of Labor Economics 2001, 19:799-836. (October).
19. Jacobson Louis S., LaLonde Robert J., Sullivan Daniel G. Earnings losses of displaced workers. The American Economic Review 1993, 83:685-709. (September).
20. Katz Lawrence F. Comments and discussion. Brookings Papers on Economic Activity 1994, 2:255-261.
21. Kim, Yong-Seong, Loup, Tecla, Lupton, Joseph, Stafford, Frank P., 2000. Notes on the 'Income Plus' Files: 1994-1997 Family Income and Components Files.
22. Kopczuk Wojciech, Saez Emmanuel, Song Jae Earnings inequality and mobility in the United States: evidence from Social Security data since 1937. Quarterly Journal of Economics 2010, 125:91-128. (February).
23. MaCurdy Thomas E. The use of time series processes to model the error structure of earnings in a longitudinal data analysis. Journal of Econometrics 1982, 18:83-114. (January).
24. Moffitt, Robert A., Gottschalk, Peter, 1995. Trends in the Covariance Structure of Earnings in the U.S.: 1969-1987.
25. Moffitt Robert A., Gottschalk Peter Trends in the transitory variance of earnings in the United States. The Economic Journal 2002, 112:C68-C73. (March).
26. Moffitt, Robert, Gottschalk, Peter, 2008. Trends in the Transitory Variance of Male Earnings in the U.S., 1970-2004.
27. Schmidt Peter Econometrics 1976, Dekker, New York.
28. Stevens Ann Huff Persistent effects of job displacement: the importance of multiple job losses. Journal of Labor Economics 1997, 15:165-188. (January).
29. Stevens Ann Huff Changes in earnings instability and job loss. Industrial & Labor Relations Review 2001, 55:60-78. (October).