My da|ra Login

Detailed view

metadata language: English

Replication data for: Sources of Lifetime Inequality

Version
1
Resource Type
Dataset
Creator
  • Huggett, Mark
  • Ventura, Gustavo
  • Yaron, Amir
Publication Date
2011-12-01
Description
  • Abstract

    Is lifetime inequality mainly due to differences across people established early in life or to differences in luck experienced over the working lifetime? We answer this question within a model that features idiosyncratic shocks to human capital, estimated directly from data, as well as heterogeneity in ability to learn, initial human capital, and initial wealth. We find that, as of age 23, differences in initial conditions account for more of the variation in lifetime earnings, lifetime wealth, and lifetime utility than do differences in shocks received over the working lifetime. (JEL D31, D91, J24, J31)
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/aer.101.7.2923 (Text)
Publications
  • Huggett, Mark, Gustavo Ventura, and Amir Yaron. ā€œSources of Lifetime Inequality.ā€ American Economic Review 101, no. 7 (December 2011): 2923ā€“54. https://doi.org/10.1257/aer.101.7.2923.
    • ID: 10.1257/aer.101.7.2923 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11

Huggett, Mark; Ventura, Gustavo; Yaron, Amir (2011): Replication data for: Sources of Lifetime Inequality. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112471V1