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Ranking Occupations as Risky Income Prospects

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  • Richard Evans
  • Robert Weinstein

Abstract

This study investigates the problem of how best to measure the income attractiveness of various occupations, allowing for the differences among occupations in their stability of income. Analyzing data for eleven occupations from the one percent Public Use Sample of the 1970 U.S. Census of Occupations, the authors demonstrate the weaknesses of measures used in previous studies and the advantages of using stochastic dominance analysis.

Suggested Citation

  • Richard Evans & Robert Weinstein, 1982. "Ranking Occupations as Risky Income Prospects," ILR Review, Cornell University, ILR School, vol. 35(2), pages 252-259, January.
    • Handle: RePEc:sae:ilrrev:v:35:y:1982:i:2:p:252-259
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    Cited by:

    1. John Robst & Kathleen Cuson-Graham, 1999. "The effect of uncertain educational requirements on education and wages," Applied Economics, Taylor & Francis Journals, vol. 31(1), pages 53-63.

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