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Earnings Instability and Earnings Inequality of Males in the United States: 1967-1991

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Author Info
Steven J. Haider

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Abstract

Although much research has focused on recent increases in annual earnings inequality in the United States, the increases could have come from either of two sources: the distribution of lifetime earnings could have become more unequal or the receipt of lifetime earnings could have become more unstable. Based on an analysis of the 1968-92 Panel Study of Income Dynamics, the author finds that lifetime earnings inequality increased during the early 1980s and that earnings instability increased during the 1970s. The author also examines how these trends are related to changes in the distribution of wages and hours and the returns to education.

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Paper provided by RAND Corporation Publications Department in its series Working Papers with number 00-15.

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Length: 46 pages
Date of creation: 2000
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Handle: RePEc:ran:wpaper:00-15

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Related research
Keywords: SALARY ; WAGES ; EDUCATION;

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Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
J59 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Other

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  1. Ravi Kanbur & Stuart Sayer & Andy Snell, 2007. "Inequality Measures as Tests of Fairness in an Economy," ESE Discussion Papers 174, Edinburgh School of Economics, University of Edinburgh. [Downloadable!]
  2. Aedin Doris & Donal O’Neill & Olive Sweetman, 2008. "Does Growth Affect the Nature of Inequality? Ireland 1994-2001," Economics, Finance and Accounting Department Working Paper Series n1930708.pdf, Department of Economics, Finance and Accounting, National University of Ireland - Maynooth. [Downloadable!]
    Other versions:
  3. Bhashkar Mazumder, 2003. "Revised estimates of intergenerational income mobility in the United States," Working Paper Series WP-03-16, Federal Reserve Bank of Chicago. [Downloadable!]
  4. Ivan Vidangos, 2009. "Fluctuations in individual labor income: a panel VAR analysis," Finance and Economics Discussion Series 2009-09, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
  5. Ostrovsky, Yuri, 2008. "Earnings Inequality and Earnings Instability of Immigrants in Canada," Analytical Studies Branch Research Paper Series 2008309e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  6. Myck, Michal & Ochmann, Richard & Qari, Salmai, 2008. "Dynamics of Earnings and Hourly Wages in Germany," IZA Discussion Papers 3751, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  7. Seik Kim, . "Uncertainty in Human Capital Investment and Earnings Dynamics," Working Papers UWEC-2008-18, University of Washington, Department of Economics. [Downloadable!]
  8. Ivan Vidangos, 2009. "Household welfare, precautionary saving, and social insurance under multiple sources of risk," Finance and Economics Discussion Series 2009-14, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
  9. Benjamin Scafidi & David L. Sjoquist & Todd R. Stinebrickner, 2005. "Do Teachers Really Leave for Higher Paying Jobs in Alternative Occupations?," University of Western Ontario, CIBC Human Capital and Productivity Project Working Papers 20055, University of Western Ontario, CIBC Human Capital and Productivity Project. [Downloadable!]
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  10. Sherrill Shaffer & Iftekhar Hasan & Mingming Zhou, 2008. "New Small Firms And Dimensions Of Economic Performance," CAMA Working Papers 2008-24, Australian National University, Centre for Applied Macroeconomic Analysis. [Downloadable!]
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  11. Sherrill Shaffer & Robert N. Collender, 2008. "Rural Economic Performance And Federal Credit Programs," CAMA Working Papers 2008-26, Australian National University, Centre for Applied Macroeconomic Analysis. [Downloadable!]
  12. Joseph Altonji & Anthony Smith & Ivan Vidangos, 2009. "Modeling earnings dynamics," Finance and Economics Discussion Series 2009-08, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    Other versions:
  13. Ethan Cohen-Cole, 2009. "The option value of consumer bankruptcy," Quantitative Analysis Unit Working Paper QAU 09-1, Federal Reserve Bank of Boston. [Downloadable!]
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