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The Evolution of Labor Earnings Risk in the US Economy

Author

Listed:
  • 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

Suggested Citation

  • Flavio Cunha & James Heckman, 2006. "The Evolution of Labor Earnings Risk in the US Economy," 2006 Meeting Papers 665, Society for Economic Dynamics.
    • Handle: RePEc:red:sed006:665
    as

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    Cited by:

    1. Cunha, Flavio & Heckman, James J., 2007. "Identifying and Estimating the Distributions of Ex Post and Ex Ante Returns to Schooling," Labour Economics, Elsevier, vol. 14(6), pages 870-893, December.
    2. 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.

    More about this item

    Keywords

    risk; heterogeneity;

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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