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Trends in the covariance structure of earnings in the U.S.: 1969–1987

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  • Robert Moffitt
  • Peter Gottschalk

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  • Robert Moffitt & Peter Gottschalk, 2011. "Trends in the covariance structure of earnings in the U.S.: 1969–1987," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 9(3), pages 439-459, September.
  • Handle: RePEc:kap:jecinq:v:9:y:2011:i:3:p:439-459
    DOI: 10.1007/s10888-010-9154-z
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    References listed on IDEAS

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    1. Bound, John & Krueger, Alan B, 1991. "The Extent of Measurement Error in Longitudinal Earnings Data: Do Two Wrongs Make a Right?," Journal of Labor Economics, University of Chicago Press, vol. 9(1), pages 1-24, January.
    2. MaCurdy, Thomas E., 1982. "The use of time series processes to model the error structure of earnings in a longitudinal data analysis," Journal of Econometrics, Elsevier, vol. 18(1), pages 83-114, January.
    3. John C. Hause, 1977. "The Covariance Structure of Earnings and the On-The-Job Training Hypothesis," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 6, number 4, pages 335-365, National Bureau of Economic Research, Inc.
    4. Peter Gottschalk & Robert Moffitt, 1994. "The Growth of Earnings Instability in the U.S. Labor Market," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 25(2), pages 217-272.
    5. Baker, Michael, 1997. "Growth-Rate Heterogeneity and the Covariance Structure of Life-Cycle Earnings," Journal of Labor Economics, University of Chicago Press, vol. 15(2), pages 338-375, April.
    6. Hause, John C, 1980. "The Fine Structure of Earnings and the On-the-Job Training Hypothesis," Econometrica, Econometric Society, vol. 48(4), pages 1013-1029, May.
    7. Bourguignon, F. & Morrisson, C. & Atkinson, A.B., 1991. "Empirical Studies of Earnings Mobility," DELTA Working Papers 91-14, DELTA (Ecole normale supérieure).
    8. Abowd, John M & Card, David, 1989. "On the Covariance Structure of Earnings and Hours Changes," Econometrica, Econometric Society, vol. 57(2), pages 411-445, March.
    9. Bound, John & Johnson, George, 1992. "Changes in the Structure of Wages in the 1980's: An Evaluation of Alternative Explanations," American Economic Review, American Economic Association, vol. 82(3), pages 371-392, June.
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    Cited by:

    1. Bazillier, Rémi & Héricourt, Jérôme & Ligonnière, Samuel, 2021. "Structure of income inequality and household leverage: Cross-country causal evidence," European Economic Review, Elsevier, vol. 132(C).
    2. B. Cecilia Garcia-Medina & Jean-François Wen, 2018. "Income instability and fiscal progression," Canadian Journal of Economics, Canadian Economics Association, vol. 51(2), pages 419-451, May.
    3. Amélie Adeline & Ismaël Choinière Crèvecoeur & Raquel Fonseca & Pierre-Carl Michaud, 2019. "Income Volatility, Health and Well-Being," Cahiers de recherche / Working Papers 1906, Chaire de recherche sur les enjeux économiques intergénérationnels / Research Chair in Intergenerational Economics.
    4. Nicolas Frémeaux & Arnaud Lefranc, 2020. "Assortative Mating and Earnings Inequality in France," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 66(4), pages 757-783, December.
    5. Rémi Bazillier & Jérôme Hericourt, 2017. "The Circular Relationship Between Inequality, Leverage, And Financial Crises," Journal of Economic Surveys, Wiley Blackwell, vol. 31(2), pages 463-496, April.
    6. Morrissey, Taryn W. & Cha, Yun & Wolf, Sharon & Khan, Mariam, 2020. "Household economic instability: Constructs, measurement, and implications," Children and Youth Services Review, Elsevier, vol. 118(C).
    7. Eunice Jihyun Hong & Sherman D. Hanna, 2019. "Factors Related To The Risk Of A Substantial Income Decrease Between 2006 And 2008 In South Korea," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(01), pages 157-173, March.
    8. Lars Ljungqvist & Thomas J. Sargent, 1996. "A supply-side explanation of European unemployment," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 20(Sep), pages 2-15.
    9. Jenkins, Stephen P., 2009. "Spaghetti unravelled: a model-based description of differences in income-age trajectories," ISER Working Paper Series 2009-30, Institute for Social and Economic Research.
    10. Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2017. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Working Papers 2017-01, CEPII research center.
    11. Pierre Pora & Lionel Wilner, 2017. "The individual dynamics of wage income in France during the crisis," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Études Économiques (INSEE), issue 494-495-4, pages 179-199.
    12. Arnaud Lefranc, 2018. "Intergenerational Earnings Persistence and Economic Inequality in the Long Run: Evidence from French Cohorts, 1931–75," Economica, London School of Economics and Political Science, vol. 85(340), pages 808-845, October.
    13. Dynan Karen & Elmendorf Douglas & Sichel Daniel, 2012. "The Evolution of Household Income Volatility," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(2), pages 1-42, December.
    14. Stephen Shore, 2015. "The co-movement of couples’ incomes," Review of Economics of the Household, Springer, vol. 13(3), pages 569-588, September.
    15. Pora, Pierre & Wilner, Lionel, 2020. "A decomposition of labor earnings growth: Recovering Gaussianity?," Labour Economics, Elsevier, vol. 63(C).
    16. Peter Gottschalk & Sheldon Danziger, 1997. "Family Income Mobility -- How Much Is There and Has It Changed?," Boston College Working Papers in Economics 398, Boston College Department of Economics.
    17. Lefranc, Arnaud, 2018. "Intergenerational Earnings Persistence and Economic Inequality in the Long-Run: Evidence from French Cohorts, 1931-1975," IZA Discussion Papers 11406, Institute of Labor Economics (IZA).
    18. Peter Lambert, 2013. "From the editor of Rediscovered Classics," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 11(2), pages 131-132, June.
    19. Magnac, Thierry & Roux, Sébastien, 2021. "Heterogeneity and wage inequalities over the life cycle," European Economic Review, Elsevier, vol. 134(C).
    20. Arnaud Lefranc, 2018. "Intergenerational earnings persistence and economic inequality in the long-run : Evidence from French cohorts, 1931-1975," Post-Print hal-02528217, HAL.
    21. Pavel Jelnov, 2018. "A New Estimator of Search Duration and Its Application to the Marriage Market," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 80(6), pages 1089-1116, December.

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