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ERIC Number: EJ979182
Record Type: Journal
Publication Date: 2012
Pages: 33
Abstractor: As Provided
Reference Count: 47
ISBN: N/A
ISSN: ISSN-0022-166X
Trends in the Transitory Variance of Male Earnings: Methods and Evidence
Moffitt, Robert A.; Gottschalk, Peter
Journal of Human Resources, v47 n1 p204-236 Win 2012
We estimate the trend in the transitory variance of male earnings in the United States using the Michigan Panel Study of Income Dynamics from 1970 to 2004. Using an error components model and simpler but only approximate methods, we find that the transitory variance started to increase in the early 1970s, continued to increase through the mid-1980s, and then remained at this new higher level through the 1990s and beyond. Thus the increase mostly occurred about 30 years ago. Its increase accounts for between 31 and 49 percent of the total rise in cross-sectional variance, depending on the time period. (Contains 20 footnotes, 3 tables, and 13 figures.)
University of Wisconsin Press. 1930 Monroe Street, Madison, WI 53711-2059. Tel: 608-263-0668; Fax: 608-263-1173; e-mail: journals@uwpress.wisc.edu; Web site: http://www.wisc.edu/wisconsinpress/journals
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Michigan