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Permanent Income

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Published: 07 July 2020
Fig. 1 Multigenerational permanent income correlations decay rapidly under the Becker-Tomes model. The attainment of a distant ancestor is only weakly associated with one’s own attainment even if β is large (β = . 5 depicted). More
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Published: 07 July 2020
Fig. 3. The cousin correlation in permanent log family income is slightly greater than expected under the Becker-Tomes model. This empirical result does not point to any particular preferred alternative interpretation without additional assumptions. Error bars denote 95% posterior credible More
Journal Article
Demography (1979) 16 (3): 389–399.
Published: 01 August 1979
... respondents’ Social Security earnings history are analyzed. The results indicate that absolute earnings, earnings instability, and earnings relative to peers have minimal effects on a man’s probability of remarriage, but that permanent income positively affects remarriage. However, studies of marital...
Journal Article
Demography (2014) 51 (5): 1641–1665.
Published: 04 October 2014
... and interacted with income level. I find that family income volatility during childhood has a modest negative association with educational attainment. Volatility has a smaller descriptive role in explaining intergenerational outcomes relative to permanent income. Across the income distribution, the negative...
FIGURES
Journal Article
Demography (1989) 26 (2): 235–248.
Published: 01 May 1989
... 1989 Labor Supply Poverty Rate Black Family Poverty Threshold Permanent Income References Becker , G. ( 1981 ). A Treatise on the Family . Cambridge, Mass. : Harvard University Press . Becketti , S. , Gould , W. , Lillard , L. , & Welch , F. ( 1988...
Journal Article
Demography (2017) 54 (2): 801–807.
Published: 06 March 2017
...Gary N. Marks 27 1 2017 6 3 2017 © Population Association of America 2017 2017 Family Income Permanent Income Peabody Picture Vocabulary Test Peabody Individual Achievement Test Peabody Individual Achievement A recent Demography article by Khanam and Nghiem ( 2016...
Journal Article
Demography (1980) 17 (3): 243–260.
Published: 01 August 1980
... is insufficient, for young families, to offset the fall in income. For families in which the wife does not work the estimates suggest that savings may actually increase with children. 8 1 2011 © Population Association of America 1980 1980 Labor Supply Family Size Current Income Permanent...
Journal Article
Demography (1974) 11 (4): 613–627.
Published: 01 November 1974
... of fertility but contain certain peculiarities which indicate a need for further research. 26 1 2011 © Population Association of America 1974 1974 Family Planning Family Size Child Mortality Permanent Income Rand Corporation References Becker Gary S. ( 1960 ). National...
Journal Article
Demography (1965) 2 (1): 97–114.
Published: 01 March 1965
... womenlivingin thehouseholds of sharecroppesr or permanent hiredhands or day wage workers on the plantations (fundos); a few were wives of un- skilled laborers employed at loading gravel. The educational level was about second yearof primary school, and theaverage family income was about30 U.S. dollars per month...
Journal Article
Demography (2008) 45 (3): 619–639.
Published: 01 August 2008
...Matthew Hall; George Farkas Abstract We use monthly Survey of Income and Program Participation data from 1996–1999 and 2001–2003 to estimate the determinants of differentiation in intercepts and slopes for age/earnings profiles of low-skill immigrant and native male workers. Our findings provide...
Journal Article
Demography (2020) 57 (4): 1193–1213.
Published: 07 July 2020
...Fig. 1 Multigenerational permanent income correlations decay rapidly under the Becker-Tomes model. The attainment of a distant ancestor is only weakly associated with one’s own attainment even if β is large (β = . 5 depicted). ...
FIGURES
Includes: Supplementary data
Journal Article
Demography (1989) 26 (1): 117–123.
Published: 01 February 1989
... endowments model that he claims is observationally equivalent. The test results favor the Becker formulation. 7 1 2011 © Population Association of America 1989 1989 Permanent Income Downward Bias Mills Ratio Earning Equation Intergenerational Income References Becker , G. S...
Journal Article
Demography (1999) 36 (3): 299–314.
Published: 01 August 1999
... patterns. As Gottschalk and Moffitt (1994) argue, if the rise in the variance of earnings is due primarily to a rise in the variance of permanent income-implying that individu- als' incomes are, on average, more spread apart-then indi- viduals will be less likely to switch places in the distribution from...
Journal Article
Demography (2023) 60 (5): 1387–1413.
Published: 01 October 2023
.... Attenuation in segregation estimates has received only passing attention in the literature. In a comment, Dickens and Levy (2003) described downward bias from response error and income volatility in measures of segregation by permanent income, reporting that estimates using dissimilarity indices should...
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Includes: Supplementary data
Journal Article
Demography (2021) 58 (4): 1499–1524.
Published: 01 August 2021
... dimensions: level, variability, and trend ( Duncan 1988 ). In any period, income level is what economists refer to as permanent income , which captures the average resources available to the family across the entire period ( Friedman 1957 ). Income variability or volatility (used synonymously here...
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Journal Article
Demography (2020) 57 (6): 2369–2376.
Published: 15 October 2020
... Brady , D. , & Burton , L. M. ( 2016 ). The Oxford handbook of the social science of poverty . New York, NY : Oxford University Press . Brady , D. , Giesselmann , M. , Kohler , U. , & Radenacker , A. ( 2018 ). How to measure and proxy permanent income: Evidence...
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Journal Article
Demography (1975) 12 (4): 665–668.
Published: 01 November 1975
... misspeci- fication of these parameters. Since the dependent variable is expectational, it is 666 DEMOGRAPHY, volume 12, number 4, November 1975 unlikely that the level of current male earnings, the variable employed, would be as relevant as expected or "permanent" income. Moreover, Namboodiri's addi- tion...
Journal Article
Demography (2009) 46 (2): 303–324.
Published: 01 May 2009
... on contemporaneous income used in the previous studies, the IFLS provides data on household consumption and wealth, which are longer-term indicators of households resources.6 The distinction between current income and permanent income is particularly important in a developing-country context. The use of measures...
Journal Article
Demography (2012) 49 (1): 359–392.
Published: 02 December 2011
... error are large, one could argue that asset indices capture permanent income (as argued by Filmer and Pritchett ( 2001 ) and Sahn and Stifel ( 2003 )) and might therefore be preferable for identifying the more permanently poor. Without panel data, it is hard to conclusively address this issue...
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Includes: Supplementary data
Journal Article
Demography (1997) 34 (1): 97–114.
Published: 01 February 1997
.... Forthcoming. Buffer-stock Saving and the Life Cycle/ Permanent Income Hypothesis. Quarterly Journal of Economics . Carroll C. , & Summers L.H. ( 1991 ). Consumption Growth Parallels Income Growth: Some New Evidence . In B.D. Bernheim , & J.B. Shoven (Eds.), National Saving...