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The Evolution of Labor Earnings Risk in the US Economy

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Author Info

  • Flavio Cunha

    ()
    (Department of Economics University of Chicago)

  • James Heckman

Abstract

In this paper we build on the Cunha, Heckman and Navarro (2005) and show that labor earnings risk has increased considerably over time and it has increased more for lower skill groups than higher skill groups

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Bibliographic Info

Paper provided by Society for Economic Dynamics in its series 2006 Meeting Papers with number 665.

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Date of creation: 03 Dec 2006
Date of revision:
Handle: RePEc:red:sed006:665

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Postal: Society for Economic Dynamics Christian Zimmermann Economic Research Federal Reserve Bank of St. Louis PO Box 442 St. Louis MO 63166-0442 USA
Fax: 1-314-444-8731
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Web page: http://www.EconomicDynamics.org/society.htm
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Related research

Keywords: risk; heterogeneity;

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Cited by:
  1. Cunha, Flavio & Heckman, James, 2008. "A New Framework For The Analysis Of Inequality," Macroeconomic Dynamics, Cambridge University Press, vol. 12(S2), pages 315-354, September.
  2. Primiceri, Giorgio E. & van Rens, Thijs, 2007. "Heterogeneous Life-Cycle Profiles, Income Risk and Consumption Inequality," IZA Discussion Papers 3239, Institute for the Study of Labor (IZA).

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