00000nam 2200000zi 4500 9.893360 CaOODSP 20221107173427 m o d f cr cn||||||||| 201105t20202020onca ob f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- x7y2 FB3-5/2020-46E-PDF Lochner, Lance, author. Earnings dynamics and intergenerational transmission of skill / by Lance Lochner and Youngmin Park. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2020. ©2020 1 online resource (ii, 56 pages) : colour illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2020-46 "Last updated: November 4, 2020." Includes bibliographical references (pages 35-38). "This paper develops and estimates a two-factor model of intergenerational skill transmission when earnings inequality reflects differences in individual skills and other non-skill shocks. We consider heterogeneity in both initial skills and skill growth rates, allowing variation in skill growth to change over the lifecycle. Using administrative tax data on two linked generations of Canadians covering 37 years, we exploit covariances in log earnings (at different ages) both across and within generations to identify and estimate the intergenerational correlation structure for initial skills and skill growth rates, lifecycle skill growth profiles, and the dynamics of non-skill earnings shocks"--Abstract, page ii. Vocational qualifications Canada Econometric models. Intergenerational relations Canada Econometric models. Wages Canada Econometric models. Qualifications professionnelles Canada Modèles économétriques. Relations entre générations Canada Modèles économétriques. Salaires Canada Modèles économétriques. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2020-46. (CaOODSP)9.806221 PDF 838 KB https://publications.gc.ca/collections/collection_2020/banque-bank-canada/FB3-5-2020-46-eng.pdf