interesting report

[Peter_Puget]

report

 

money quote:

"Overall, these results indicate that upward mobility remains an attainable goal for the majority of working age individuals. The presence of mobility implies that yearly measures of earnings inequality likely overstate the permanent earnings differences between individuals."

 

 

[rbw1966]

Very interesting report PP. Thanks for the link.

[chelle]

Sounds like potential data mining to me. While 3000 males aged 25-59 might be representative, I fear their approach leaves a lot of people who struggle out of the analysis.

 

"We restrict our analysis to male household heads in their prime earnings years (age 25-59). This group has been the focus of much previous research on the distribution of earnings, due in large part to its high degree of labor force participation. We include men who worked approximately full time for the entire year (at least 1,750 hours), so that our analysis focuses directly on the trends in rewards to market work and is relatively unaffected by cyclical variation in job availability. "