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The Autocorrelation of Earnings, Human Wealth Inequality, and Income Contingent Loans

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  • Donald O. Parsons

Abstract

I. Introduction, 551. — II. The autocorrelation of earnings and the variance of human capital, 553. — III. Applications of the variance of present values, 559. — IV. Conclusions, 564.

Suggested Citation

  • Donald O. Parsons, 1978. "The Autocorrelation of Earnings, Human Wealth Inequality, and Income Contingent Loans," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(4), pages 551-569.
    • Handle: RePEc:oup:qjecon:v:92:y:1978:i:4:p:551-569.
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    Cited by:

    1. Huggett, Mark & Ventura, Gustavo & Yaron, Amir, 2006. "Human capital and earnings distribution dynamics," Journal of Monetary Economics, Elsevier, vol. 53(2), pages 265-290, March.
    2. Emerson, Robert D. & Blair, Benjamin F., 1989. "The Personal Distribution Of Income In U.S. Agriculture," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270467, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Caspersen, Erik & Metcalf, Gilbert E., 1994. "Is a Value Added Tax Regressive? Annual Versus Lifetime Incidence Measures," National Tax Journal, National Tax Association;National Tax Journal, vol. 47(4), pages 731-746, December.
    4. Stephanie Aaronson, 2002. "The rise in lifetime earnings inequality among men," Finance and Economics Discussion Series 2002-21, Board of Governors of the Federal Reserve System (U.S.).

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