Descripción del título

The major findings of this study are as follows: (1) Simple cross section estimates grossly underestimate cohort profiles during the period 1960-70. Furthermore the growth in earnings is not uniform across experience groups and more recent vintages tend to have steeper profiles in most fields. Consequently the rate of return or present value comparisons based on cross sections are likely to be misleading even if the standard adjustment for growth is made. (2) For purposes of estimating mean profiles and mean effects of variables estimates based on pooled independent cross sections are quite close to those based on the more expensive longitudinal data. (3) There are important persistent unmeasured individual effects on both the level and growth of earnings. Consequently, individuals with the same observed characteristics will still have a wide variance in their permanent income
Monografía
monografia Rebiun36512725 https://catalogo.rebiun.org/rebiun/record/Rebiun36512725 m o d cr ||||||||||| 120107s1976 mau o 000 0 eng d 72444965 1027323467 1065824810 1119447933 1243142559 1407229014 1411233527 10.3386/w0121 doi UAO ocn756574389 DKDLA eng pn DKDLA OCLCQ COO NTE OCLCQ OCLCO OCLCQ OCLCO OCLCQ KIJ OCLCF OCLCA WYU YOU NBERS OCLCQ OCLCO OCLCQ OCLCO IAZ OCLCL n-us--- 331.21 23 Analysis of Longitudinal Earnings Data American Scientists 1960-70 Lee A. Lillard, Yoram Weiss Cambridge, Mass. National Bureau of Economic Research 1976 Cambridge, Mass. Cambridge, Mass. National Bureau of Economic Research 1 online resource 1 online resource Text txt rdacontent computer c rdamedia online resource cr rdacarrier NBER working paper series no. w0121 The major findings of this study are as follows: (1) Simple cross section estimates grossly underestimate cohort profiles during the period 1960-70. Furthermore the growth in earnings is not uniform across experience groups and more recent vintages tend to have steeper profiles in most fields. Consequently the rate of return or present value comparisons based on cross sections are likely to be misleading even if the standard adjustment for growth is made. (2) For purposes of estimating mean profiles and mean effects of variables estimates based on pooled independent cross sections are quite close to those based on the more expensive longitudinal data. (3) There are important persistent unmeasured individual effects on both the level and growth of earnings. Consequently, individuals with the same observed characteristics will still have a wide variance in their permanent income Scientists- Salaries, etc.- United States- Longitudinal studies Wages- United States- Longitudinal studies Scientists- Salaries, etc.- United States- Econometric models Wages- United States- Econometric models Scientists- Salaries, etc. Wages. Wages- Econometric models. Estados Unidos https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq Longitudinal studies. Weiss, Yoram Lillard, Lee A. National Bureau of Economic Research Working paper series (National Bureau of Economic Research) no. w0121