The PSID and Income Volatility: Its Record of Seminal Research and Some New Findings

doi:10.1177/0002716218791766

CORC > 上海财经大学 > 上海财经大学

	The PSID and Income Volatility: Its Record of Seminal Research and Some New Findings
	Moffitt, Robert 1,2,3,4,5; Zhang, Sisi 6,7,8,9,10
刊名	ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE
	2018-11
卷号	680 期号:1 页码:48-81
关键词	earnings volatility permanent variance transitory variance semiparametric model PSID
ISSN号	0002-7162
DOI	10.1177/0002716218791766
英文摘要	The Panel Study of Income Dynamics (PSID) has made more contributions to the study of income volatility than any other dataset in the United States. Its record of providing data for seminal research is unmatched. In this article, we first present the reasons that the PSID has made such major contributions to research on the topic. Then we review the major papers that have used the PSID to study income volatility, comparing their results to those using other datasets. Last, we present new results for income volatility among U.S. men through 2014, finding that both gross volatility and the variance of transitory shocks display a three-phase trend: upward trends from the 1970s to the 1980s, a stable period in the 1990s through the early 2000s, and a large increase during the Great Recession.
WOS研究方向	Government & Law ; Social Sciences - Other Topics
语种	英语
出版者	SAGE PUBLICATIONS INC
WOS记录号	WOS:000452773000004
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/476]
专题	上海财经大学
通讯作者	Moffitt, Robert
作者单位	1.Johns Hopkins Univ, Econ, Baltimore, MD 21218 USA; 2.Johns Hopkins Sch Publ Hlth, Baltimore, MD 21205 USA; 3.Econometr Soc, New Haven, CT 06511 USA; 4.Soc Labor Economists, Chicago, IL 60637 USA; 5.Amer Acad Arts & Sci, Cambridge, MA 02138 USA; 6.Jinan Univ, Inst Econ & Social Res, Guangzhou, Guangdong, Peoples R China; 7.Shanghai Univ Finance & Econ, Shanghai, Peoples R China; 8.Fannie Mae, Washington, DC USA; 9.Urban Inst, Washington, DC 20037 USA; 10.IMPAQ Int, Columbia, MD USA
推荐引用方式 GB/T 7714	Moffitt, Robert,Zhang, Sisi. The PSID and Income Volatility: Its Record of Seminal Research and Some New Findings[J]. ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE,2018,680(1):48-81.
APA	Moffitt, Robert,&Zhang, Sisi.(2018).The PSID and Income Volatility: Its Record of Seminal Research and Some New Findings.ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE,680(1),48-81.
MLA	Moffitt, Robert,et al."The PSID and Income Volatility: Its Record of Seminal Research and Some New Findings".ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE 680.1(2018):48-81.