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The Distribution of Earnings and Human Wealth in Cycle Context

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  • Lee A. Lillard

Abstract

The purpose of this paper is to outline a set of conditions under which human wealth is an index of well-being in a life cycle as prefatory to empirical estimates earnings and human wealth distributions for the1960 Census population.

Suggested Citation

  • Lee A. Lillard, 1974. "The Distribution of Earnings and Human Wealth in Cycle Context," NBER Working Papers 0047, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:0047
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    References listed on IDEAS

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    1. Ryder, Harl E & Stafford, Frank P & Stephan, Paula E, 1976. "Labor, Leisure and Training over the Life Cycle," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 17(3), pages 651-674, October.
    2. Lee A. Lillard, 1973. "Human Capital Life Cycle of Earnings Models: A Specific Solution and Estimation," NBER Working Papers 0004, National Bureau of Economic Research, Inc.
    3. Lee A. Lillard, 1973. "From Age-Earnings Profiles to the Distribution of Earnings and Human Wealth," NBER Working Papers 0009, National Bureau of Economic Research, Inc.
    4. Haley, William J, 1973. "Human Capital: The Choice Between Investment and Income," American Economic Review, American Economic Association, vol. 63(5), pages 929-944, December.
    5. Yoram Ben-Porath, 1967. "The Production of Human Capital and the Life Cycle of Earnings," Journal of Political Economy, University of Chicago Press, vol. 75(4), pages 352-352.
    6. Johnson, Thomas, 1970. "Returns from Investment in Human Capital," American Economic Review, American Economic Association, vol. 60(4), pages 546-560, September.
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    Cited by:

    1. Frederick W. Derrick, 1982. "The Work Decision of College Students," Eastern Economic Journal, Eastern Economic Association, vol. 8(4), pages 289-299, Oct-Dec.
    2. Lazear, Edward P, 1976. "Age, Experience, and Wage Growth," American Economic Review, American Economic Association, vol. 66(4), pages 548-558, September.

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