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A multi-model examination of the earnings distribution of male heads of households in the Panel Study of Income Dynamics, 1969--1983

Three separate characteristics (Static distribution, Earnings Mobility, Earnings Class Transition) of earnings distributions were examined with data from the Panel Study of Income Dynamics on male heads of households. Static estimates of earnings inequality were generated using the Gini coefficient, the variance of logarithm and the coefficient of variation measures for the 1969-1983 period. With this sample, it was estimated that inequality was from 19 to 68% higher in 1983 than in 1969. Explanations for this rise in male earnings inequality which were examined include the size of the cohort, the aggregate unemployment rate, the sector of employment and the level of education. After controlling for these effects, the time trend remained positive over this time period. / Earnings mobility was captured in a first-order Markov model of movements across earnings deciles. Fourteen transition matrices were constructed and three scalar measures of mobility were axiomatically defended. All three revealed significantly declining mobility over the 1969-1983 period. / Finally, a hazard model of earnings quintiles was developed to examine the transitions across earnings quintiles in a multi-period model. Corrections were made for censored data and heterogeneity. The least restrictive model revealed positive duration dependence for the four lower earnings quintiles, but negative duration dependence for the highest earnings quintile. Those in this sample in the highest 20th percentile of the earnings distribution are less likely to leave the earnings quintile, the longer they stay in the quintile. / Source: Dissertation Abstracts International, Volume: 51-01, Section: A, page: 0253. / Major Professor: David W. Rasmussen. / Thesis (Ph.D.)--The Florida State University, 1989.

Identiferoai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_78152
ContributorsZeman, Allen Ridgdill., Florida State University
Source SetsFlorida State University
LanguageEnglish
Detected LanguageEnglish
TypeText
Format162 p.
RightsOn campus use only.
RelationDissertation Abstracts International

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