Reconciling Trends in U.S. Male Earnings Volatility: Results from Survey and Administrative Data
Reconciling Trends in U.S. Male Earnings Volatility: Results from Survey and Administrative Data
复制标题
美国男性收入波动趋势的调和:调查结果和行政数据
DOI:
10.1080/07350015.2022.2102020
复制
发表时间:
2023
影响因子:
3
通讯作者:
Ziliak, James
中科院分区:
文献类型:
--
作者:
Moffitt, Robert;Abowd, John;Bollinger, Christopher;Carr, Michael;Hokayem, Charles;McKinney, Kevin;Wiemers, Emily;Zhang, Sisi;Ziliak, James
There is a large literature on earnings and income volatility in labor economics, household finance, and macroeconomics. One strand of that literature has studied whether individual earnings volatility has risen or fallen in the United States over the last several decades. There are strong disagreements in the empirical literature on this important question, with some studies showing upward trends, some showing downward trends, and some showing no trends. Some studies have suggested that the differences are the result of using flawed survey data instead of more accurate administrative data. This article summarizes the results of a project attempting to reconcile these findings with four different datasets and six different data series—three survey and three administrative data series, including two which match survey respondent data to their administrative data. Using common specifications, measures of volatility, and other treatments of the data, four of the six data series show a lack of any significant long-term trend in male earnings volatility over the last 20-to-30+ years when differences across the datasets are properly accounted for. A fifth data series (the PSID) shows a positive net trend but small in magnitude. A sixth, administrative, dataset, available only since 1998, shows no net trend 1998–2011 and only a small decline thereafter. Many of the remaining differences across data series can be explained by differences in their cross-sectional distribution of earnings, particularly differences in the size of the lower tail. We conclude that the datasets we have analyzed, which include many of the most important available, show little evidence of any significant trend in male earnings volatility since the mid-1980s.
登录
查看更多内容
DOI:
10.1515/1935-1682.3043
发表时间:
2012
期刊:
The B.E. Journal of Economic Analysis & Policy
影响因子:
--
作者:
Suleyman Celik;Chinhui Juhn;Kristin McCue;J. Thompson
通讯作者:
J. Thompson
DOI:
10.2139/ssrn.1313656
发表时间:
2008
期刊:
ERN: Business Fluctuations; Cycles (Topic)
影响因子:
--
作者:
J. Sabelhaus;Jae Song
通讯作者:
Jae Song
DOI:
10.3386/w14075
发表时间:
2008
期刊:
National Bureau of Economic Research
影响因子:
--
作者:
Donggyun Shin;Gary Solon
通讯作者:
Gary Solon
DOI:
--
发表时间:
2011
期刊:
影响因子:
--
作者:
James P. Ziliak;B. Hardy;C. Bollinger
通讯作者:
C. Bollinger
影响因子:
3
作者:
Ziliak, James P.;Hokayem, Charles;Bollinger, Christopher R.
通讯作者:
Bollinger, Christopher R.