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008201105t20202020onca    ob   f000 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
043 |an-cn---
045 |ax7y2
0861 |aFB3-5/2020-46E-PDF
1001 |aLochner, Lance, |eauthor.
24510|aEarnings dynamics and intergenerational transmission of skill / |cby Lance Lochner and Youngmin Park.
264 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2020.
264 4|c©2020
300 |a1 online resource (ii, 56 pages) : |bcolour illustrations.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = Document de travail du personnel, |x1701-9397 ; |v2020-46
500 |a"Last updated: November 4, 2020."
504 |aIncludes bibliographical references (pages 35-38).
5203 |a"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.
650 0|aVocational qualifications|zCanada|xEconometric models.
650 0|aIntergenerational relations|zCanada|xEconometric models.
650 0|aWages|zCanada|xEconometric models.
650 6|aQualifications professionnelles|zCanada|xModèles économétriques.
650 6|aRelations entre générations|zCanada|xModèles économétriques.
650 6|aSalaires|zCanada|xModèles économétriques.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2020-46.|w(CaOODSP)9.806221
85640|qPDF|s838 KB|uhttps://publications.gc.ca/collections/collection_2020/banque-bank-canada/FB3-5-2020-46-eng.pdf