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The Determinants of Earnings

A Behavioral Approach

Bibliographic Data

ID23329451
AuthorsSamuel Bowle (0000-0001-6068-4430, Santa Fe Institute), Samuel Bowles (Santa Fe Institute and University of Massachusetts.), Herbert Gintis (University of Massachusetts and Santa Fe Institute.), Melissa Osborne (0000-0002-5259-1880, Towson University)
Year2001
Volume39
Issue4
Pages1137-1176
Publication date2001-12-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Economic Literature (JOURNAL)
Journal identifiersISSN: 0022-0515 • E-ISSN: 1547-1101
PublisherAmerican Economic Association (PUBLISHER • US)
DOI10.1257/jel.39.4.1137
OpenAlexW1987724300
LanguageEN
Citations received219
References cited76

We survey the determinants of earnings and propose a framework for understanding labor market success. We suggest that the advantages of the children of successful parents go considerably beyond the benefits of superior education, the inheritance of wealth, or the genetic inheritance of cognitive ability. We suggest that noncognitive personality variables, such as attitudes towards risk, ability to adapt to new economic conditions, hard work, and the rate of time preference affect both earning and the transmission of economic status across generations.

Affect (linguistics) · Biology · Cognition · Demographic economics · Earnings · Economics · Inheritance (genetic algorithm) · Labour economics · Microeconomics · Personality · Preference · Time preference · Work (physics) · Financial Literacy, Pension, Retirement Analysis · Intergenerational and Educational Inequality Studies · Labor market dynamics and wage inequality · Psychology · Social Psychology

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Unique citing works219
Citations per year8,42
Citation span2000 - 2026 (27)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 192

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