An Empirical Analysis of Earnings and Employment Risk
Bibliographic Data
| ID | 19418754 |
|---|---|
| Authors | Luigi Guiso (Einaudi Institute for Economics and Finance), Tullio Jappelli (0000-0001-9254-6526, University of Salerno), Luigi Pistaferri (Stanford University) |
| Year | 2002 |
| Volume | 20 |
| Issue | 2 |
| Pages | 241-253 |
| Publication date | 2002-04-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Business and Economic Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0735-0015 • E-ISSN: 1537-2707 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1198/073500102317351985 |
| OpenAlex | W2079452839 |
| Language | EN |
| Citations received | 23 |
| References cited | 13 |
The mean and higher moments of the distribution of future income are crucial determinants of individual choices. These moments are usually estimated in panel data from past income realizations. Inthis article we rely instead on subjective expectations available in the 1995 Survey of Household Income and Wealth, a large random sample representative of Italian households. The survey elicits information on the distribution of future earnings and on the probability of unemployment. Analysis of this distribution helps us understand how individual uncertainty evolves over the life cycle and if attitudes toward risk affect occupational choices and income riskiness
British Household Panel Survey · Demographic economics · Earnings · Econometrics · Economics · Macroeconomics · Panel data · Statistics · Survey data collection · Unemployment · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Italy: Economic History and Contemporary Issues · Mathematics · Psychology
The Instability of Family Earnings and Family Income in Canada, 1986-1991 and 1996-2001
The Role of Social Capital in Financial Development
Measuring Expectations
Risk Aversion, Wealth, and Background Risk
Income Variance Dynamics and Heterogeneity
Illegal Migration and Consumption Behavior of Immigrant Households
Augmenting Household Expenditure Forecasts with Online Employee-generated Company Reviews
Unlearning Traditionalism
Subjective expectations and schooling choices in Latin America and the Caribbean
Workers’ Perceptions of Earnings Growth and Employment Risk
Gender gaps in early wage expectations
Youth emancipation and perceived job insecurity of parents and children
Education choices and returns to schooling
The Value of Job Security
The Intergenerational Transmission of Risk and Trust Attitudes
Individual Risk Attitudes
Estimating the Variance of Wages in the Presence of Selection and Unobserved Heterogeneity
Job Loss Expectations, Realizations, and Household Consumption Behavior
Consumption Uncertainty and Precautionary Saving
Heterogeneity and Tests of Risk Sharing
Risk, restrictive quotas, and income smoothing
Fighting for Talent
Employment and Earnings Expectations of Jobless Young Skilled
Preference Parameters and Behavioral Heterogeneity
Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
The use of time series processes to model the error structure of earnings in a longitudinal data analysis
Precautionary Saving in the Small and in the Large
Earnings Expectations, Revisions, and Realizations
How Prudent are Consumers
Perceptions of Economic Insecurity
| Unique citing works | 23 |
|---|---|
| Citations per year | 1,05 |
| Citation span | 2004 - 2025 (22) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 22 |