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Social and Behavioral Sciences Commons

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2011

Labor Economics

University of Kentucky

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Essays On Income Volatility And Individual Well-Being, Bradley L. Hardy Jan 2011

Essays On Income Volatility And Individual Well-Being, Bradley L. Hardy

University of Kentucky Doctoral Dissertations

My dissertation consists of three essays in which I document trends in earnings and income volatility, estimate potential causal mechanisms for changing volatility, and examine the long-term consequences of parental income volatility for children. In essay 2 I document trends in earnings and income volatility of individuals and families using matched data in the March Current Population survey from 1973 to 2009. Essay 3 advances the literature on volatility, using matched data from the CPS to identify demographic and labor market correlates of earnings volatility within education-birth year cohorts. This study collapses the cross-sectional CPS into a pseudo-panel and then …