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Title: Youth Earnings and Work Experience
Resulting in 1 citation.
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Cameron, A. Colin |
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Youth Earnings and Work Experience Ph.D. Dissertation, Stanford University, 1987 Cohort(s): NLSY79 Publisher: UMI - University Microfilms, Bell and Howell Information and Learning Keyword(s): Earnings; Employment; Mobility; Mobility, Occupational; Schooling; Unemployment, Youth; Work Experience Using data from the NLSY, the annual work experience and the annual earnings of youth are analyzed. Unlike previously available data sets, the NLSY provide data on every job held by youth, and monthly data on school attendance. In the first study, annual work experience is investigated at the level of the individual jobs held by each youth in the sample. In-school and out-of-school youth experiences are separately analyzed. NLSY data for 1978-84 highlight the extent to which employment and schooling are not mutually exclusive. Youth not only exhibit great job mobility, but there is great variation in the hours and wages of the different jobs held. Some jobs may be held simultaneously. In standard economic analyses that use annual earnings, the potential contamination of results because of measurement error in earnings is acknowledged. Without additional information it is impossible to either gauge the magnitude of the measurement error or take corrective action. Such additional information is available from the NLSY, since for each individual in each year, two separate measures of annual earnings are available. In the second study, multiple indicator models are fitted to these two measures of earnings. NLSY data for 1980-84 for out-of-school youth indicate that measurement error accounts for approximately 20 to 30 percent of the variance of the logarithm of earnings, and even more of the variance in the change in the logarithm of earnings. Measurement error is serially uncorrelated. Controlling for measurement error, true earnings need not be differenced, but may follow a process more complex than a simple AR(1) process. |
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Bibliography Citation
Cameron, A. Colin. Youth Earnings and Work Experience. Ph.D. Dissertation, Stanford University, 1987. |