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Abstract We estimate Arellano, Blundell and Bonhomme’s (2017) nonlinear earnings process on Italian data. We show that the persistence of earnings history is lower for low-educated households than for high-educated… Click to show full abstract
Abstract We estimate Arellano, Blundell and Bonhomme’s (2017) nonlinear earnings process on Italian data. We show that the persistence of earnings history is lower for low-educated households than for high-educated ones, with low-educated households taking longer to recover from bad shocks.
Keywords:
earnings shocks;
education persistence;
persistence earnings
Journal Title: Economics Letters
Year Published: 2020
Link to full text (if available)
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Journal Title: Economics Letters
Year Published: 2020
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!