Measurement and Cross-Country Differences

Earnings in 1994 ages 2733 023 011 057 014 monthly

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Unformatted text preview: 1 0.57 0.14 Monthly earnings in 1993 or 1998 0.44c Log of two-year average of annual earnings Log annual earnings in 1976–77 Log of two-year average of annual earnings Three-year average of log annual earnings Five-year average of log monthly earnings 0.22 0.26 0.13 0.13 0.34 Atkinson, Maynard, and Trinder do not report an age range for their regression sample, but their Table 4.4 for a broader sample shows a range from under 25 to over 65. b Couch and Dunn report a sample mean age of 22.8 in 1984, the second of the six years in which they observe earnings. c This elasticity estimate comes from multiplying Hertz’s 0.145 coef cient estimate for the intergenerational regression of earnings levels by a 3.0 ratio of fathers’ sample mean earnings to sons’ sample mean earnings. d Lillard and Kilburn require their sons to be over 18, and they report a sample mean age of 25. Fortin – Econ 560 Lecture 5B The higher the returns to education (and the presence of elite schools), the higher the IGE Source: Corak (2007) Fortin – Econ 560 Lecture 5B Differences in the IGE among immigrants and non-immigrants can provide another source of identification for parental vs. societal influences, which may include “ethnic” capital. Aydemir, Chen, and Corak (2009) show that for Canada, on average the transmission of inequality is the same for immigrants and their children, but outcomes vary by country of origin. There is lower earnings across the generations for sons in spite of higher than average education for the following countries: o Barbados, Columbia, Grenada, Guyana, Haiti, Jamaica, Japan, Oceania, St. Lucia / St. Vincent, Trinidad, West Africa The majority of these 11 countries are Caribbean or surrounding South American o Japan is an exception, the earnings of fathers and sons are essentially at the Canadian averages Source: Aydemir, Chen, and Corak (2009) INTERGENERATIONAL EARNINGS MOBILITY TABLE 7.—LEAST SQUARES ESTIMATES OF REGRESSION TO THE MEAN MODELS OF EARNINGS FOR IMMIGRANT Sample Selection Rules Outcome 2. ln weekly earnings for sons at age 31 - male...
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This document was uploaded on 02/26/2014 for the course ECON 560 at UBC.

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