Overview Skills and Skill Pricing Labor Supply Skill Formation Uncertainty and Luck Health Methods

Topics in Inequality

This page contains links to bibliographies related to inequality with supplemental notes. Most links to published materials can only be accessed with paid subscriptions, usually available through libraries.

Overview of Inequality

Acemoglu, Daron and David Autor. (2011). "Skills, Tasks and Technologies: Implications for Employment and Earnings," In: Orley Ashenfelter and David Card, (eds.), Handbook of Labor Economics, Volume 4, Part B, Chapter 12. Amsterdam: Elsevier. pp. 1043-1171.

Black, Sandra E. and Paul J. Devereux. (2011). "Recent Developments in Intergenerational Mobility," In Orley Ashenfelter and David Card, eds., Handbook of Labor Economics, Vol. 4. Amsterdam: Elsevier, 2011. pp. 1487-1541.

Chetty, Raj, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, and Nick Turner. (2014). "Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility," NBER Working Paper No. 19844.

Congressional Budget Office. (2011). "Trends in the Distribution of Household Income Between 1979 and 2007." Washington, DC: Congress of the United States, Congressional Budget Office.

Duncan, Greg J. and Richard Murnane, eds. (2011). Whither Opportunity? Rising Inequality, Schools, and Children's Life Chances. New York : Russell Sage Foundation.

Ermisch, John, Markus Jäntti, and Timothy Smeeding, eds. (2012). From Parents to Children: The Intergenerational Transmission of Advantage. New York: Russell Sage Foundation.

Organisation for Economic Cooperation and Development. (2011). Divided We Stand: Why Inequality Keeps Rising. Paris, France: OECD Publishing.

Roemer, John E. (2012). "On Several Approaches to the Inequality of Opportunity," Economics and Philosophy, 28(Special Issue 2): 165-200.Sen, Amartya. (1979). "Equality of What?" Tanner Lecture, Stanford University.

Smeeding, Timothy M., Robert Erikson, and Markus Jäntii, eds. (2011). Persistence, Privilege, and Parenting: The Comparative Study of Intergenerational Mobility. New York: Russell Sage Foundation.

Further Reading

Dimensions of Inequality

Autor, D., L. Katz, and M. Kearney. (2008). "Trends in U.S. Wage Inequality: Revising the Revisionists," Review of Economics and Statistics 90(2): 300-323.

Goldin, C. and L. Katz. (2007). "Long-Run Changes in the Wage Structure: Narrowing, Widening, Polarizing." Brookings Papers on Economic Activity, 2:135-165.

Putnam, Robert D., Frederick, Carl B., and Kaisa Snellman. (2012). "Growing Class Gaps in Social Connectedness among American Youth, 1975-2009." Working paper, Harvard Kennedy School of Government. Presented at The Saguaro Seminar: Civic Engagement in America, July 10, 2012.

Reardon, Sean F. (2012). "The Widening Academic Achievement Gap Between the Rich and the Poor: New Evidence and Possible Explanations," In Whither Opportunity?: Rising Inequality, Schools, and Children's Life Chances, G. Duncan and R. Murnane, eds. New York: Russell Sage Foundation.

Facts About Levels and Trends of Inequality and Social Mobility: The Open Questions in the Literature

Armour, Philip, Richard V. Burkhauser, and Jeff Larrimore. (2013). "Deconstructing Income and Income Inequality Measures: A Crosswalk from Market Income to Comprehensive Income," American Economic Review, 103(3): 173-177.

Atkinson, A., T. Piketty, and E. Saez. 2011. "Top Incomes in the Long Run of History." Journal of Economic Literature 49: 3–71.

Björklund, Anders, Markus Jäntti, and John E. Roemer. (2012). "Equality of Opportunity and the Distribution of Long-Run Income in Sweden," Social Choice and Welfare, 39(2-3): 675-696

Burkhauser, Richard V., Shuaizhang Feng, Stephen P. Jenkins, and Jeff Larrimore. (2012). "Recent Trends in Top Income Shares in the United States: Reconciling Estimates from March CPS and IRS Tax Return Data," Review of Economics and Statistics, 94(2): 371-388.

Corak, Miles. "Income Inequality, Equality of Opportunity, and Intergenerational Mobility, " Journal of Economic Perspectives, 27(3): 79-102.

Foster, James and Sen, Amartya. (1997). "On Economic Inequality After a Quarter Century," in On Economic Inequality, Oxford, UK: Oxford University Press. pp. 195-219.

Gottschalk, P. and R. Moffitt. (2009). "The Rising Instability of U.S. Earnings." Journal of Economic Perspectives, 23(4): 3-24.

Jäntti, Markus and Stephen P. Jenkins (2010). "The Impact of Macroeconomic Conditions on Income Inequality," Journal of Economic Inequality, 8(2): 221-240.

Kopczuk, Wojciech, and Emmanuel Saez, and Jae Song. (2010). "Earnings Inequality and Mobility in the United States: Evidence from Social Security Data Since 1937." Quarterly Journal of Economics, 125(1): 91-128.

Piketty, Thomas and Saez, Emmanuel. (2004). Updated and expanded version of "Income Inequality in the United States, 1913-2002." Originally published in: Quarterly Journal of Economics, 118(1): 1-39.

Roemer, John E. (2012). "On Several Approaches to the Inequality of Opportunity," Economics and Philosophy, 28(Special Issue 2): 165-200.

Inequality in Consumption

Aguiar, Mark A. and Mark Bils. (2013). "Has Consumption Inequality Mirrored Income Inequality?" Unpublished manuscript, Princeton University.

Attanasio, Orazio and Davis, Steven J. (1996). "Relative Wage Movements and the Distribution of Consumption," Journal of Political Economy, 104(6): 1227-1262.

Attanasio, Orazio, Erik Hurst, and Luigi Pistaferri. (2013). "The Evolution of Income, Consumption, and Leisure Inequality in the US, 1980-2010," In Improving the Measurement of Consumer Expenditures, Christopher Carroll, Thomas Crossley, and John Sabelhaus (eds.). Chicago, IL: University of Chicago Press

Burkhauser, Richard V., Jeff Larrimore, and Kosali I. Simon. (2012). "A `Second Opinion' on the Economic Health of the American Middle Class," National Tax Journal, 65(1): 7-32.

Fisher, Jonathan, Johnson, David S., and Smeeding, Timothy M. (2012). "Inequality of Income and Consumption: Measuring the Trends in Inequality from 1985-2010 for the Same Individuals," Presented at the Association for Public Policy Analysis and Management 2012 Fall Research Conference, Baltimore, MD, November 8, 2012.

Krueger, Dirk, Fabrizio Perri, Luigi Pistaferri, Giovanni L. Violante. (2010). "Cross-sectional Facts for Macroeconomists." Review of Economic Dynamics, 13(1): 1-14.

Meyer, Bruce C. and James X. Sullivan. (2011). "The Material Well-Being of the Poor and the Middle Class Since 1980," American Enterprise Institute Working Paper No. 2011-04.

Meyer, Bruce C. and James X. Sullivan. (2012). "Winning the War: Poverty from the Great Society to the Great Recession," Brookings Papers on Economic Activity, Fall.

Meyer, Bruce C. and James X. Sullivan. (2013). "The Validity of Consumption Data: Are the Consumer Expenditure Interview and Diary Surveys Informative?" Forthcoming in Christopher Carroll, Thomas Crossley, and John Sabelhaus (eds.), Improving the Measurement of Consumer Expenditures, Chicago, IL University of Chicago Press.

Why Should We Be Concerned about Inequality and Mobility? (Economic and Philosophical Perspectives)

Heckman, James J. (2008). "Schools, Skills, and Synapses." Economic Inquiry, 46(3): 289-324.

Keane, Michael P. and John E. Roemer. (2009). "Assessing Policies to Equalize Opportunity Using an Equilibrium Model of Educational and Occupational Choices," Journal of Public Economics, 93(7-8): 879-898.

Roemer, John E. (2012). "On Several Approaches to the Inequality of Opportunity," Economics and Philosophy, 28(Special Issue 2): 165-200

Sen, Amartya. (1979). "Equality of What?" Tanner Lecture, Stanford University.

Skills and Skill Pricing

Sorting of Workers and Pricing of Skills

Eeckhout, Jan and Philipp Kircher. (2012). "Assortative Matching with Large Firms: Span of Control over More versus Better Workers," Unpublished manuscript, University College London.

Efficiency Unit Models

Heckman, James J. and Jose Scheinkman. (1987). "The Importance of Bundling in A Gorman-Lancaster Model of Demand For Characteristics: A Theoretical Analysis With Evidence From the Labor Market." Review of Economic Studies, 54(2):243-255.

Hedonic Models and Sorting

Ekeland, Ivar, James J. Heckman and Lars Nesheim. (2004). "Identification and Estimation of Hedonic Models." Journal of Political Economy, 112(S1):S60-S109.

Kanemoto, Yoshitsugu. (1988). "Hedonic Prices and the Benefits of Public Projects." Econometrica, 56(4): 981-989.

Kniesner, Thomas J. and John D. Leeth. (1988). "Simulating Hedonic Labor Market Models: Computational Issues and Policy Applications," International Economic Review, 29(4): 755-789.

Lindenlaub, Ilse. (2013). "Sorting Multidimensional Types: Theory and Application," Unpublished manuscript, European University Institute.

Sattinger, Michael. (1979). " Differential Rents and the Distribution of Earnings," Oxford Economic Papers, 31(1): 60-71.

Tinbergen, Jan. (1956). "On the Theory of Income Distribution." Weltwirtschaftliches Archiv, 77(2):155-173. Reprinted in Tinbergen, Jan. (1959). Selected Papers, L.H. Klaassen, L.M. Koyck and H.J. Witteveen, eds. Amsterdam: North-Holland.

Roy Model and Models of Comparative Advantage

Heckman, James J., and Bo E. Honore. (1990). "The Empirical Content of the Roy Model." Econometrica, 58(5): 1121-1149.

Heckman, J. and G. Sedlacek (1985). "Heterogeneity, Aggregation and Market Wage Functions: An Empirical Model of Self-Selection in the Labor Market," Journal of Political Economy, 93(6), 1077-1125.

Taber, Christopher and Rune Vejlin. (2013). "Estimation of a Roy/Search/Compensating Differential Model of the Labor Market," Unpublished manuscript, University of Wisconsin-Madison, Department of Economics.

Economics of Personality

Almlund, Mathilde, Duckworth, Angela Lee, Heckman, James J., and Kautz, Timothy. (2011). "Personality Psychology and Economics," In Handbook of the Economics of Education, E. Hanushek, S. Machin, and S. Woessman, eds. Amsterdam: Elsevier. pp. 1-181. IZA Working Paper version

Borghans, Lex, Angela L. Duckworth, James J. Heckman, and Bas ter Weel. (2008). "The Economics and Psychology of Personality Traits." Journal of Human Resources, 43(3):972-1059.

Heckman, James J., John Eric Humphries, and Tim Kautz, eds. (2014). The Myth of Achievement Tests: The GED and the Role of Character in American Life. Chicago: University of Chicago Press, 2014.

Heckman, James J. and Tim Kautz. (2012). "Hard Evidence on Soft Skills," Adam Smith Lecture, Labour Economics, 19(4): 451-464. (2012)

Heckman, James J., Jora Stixrud, and Sergio Urzua. (2006). "The Effects of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior," Journal of Labor Economics, 24(3):411-482.

Katz, L. M. and Murphy, K. M. (1992). "Changes in Relative Wages: Supply and Demand Factors." Quarterly Journal of Economics, 107, 35-78.

Lindqvist, Erik, and Vestman, Roine. (2011). "The Labor Market Returns to Cognitive and Noncognitive Ability: Evidence from the Swedish Enlistment." American Economic Journal: Applied Economics, 3(1): 101–128.

Polachek, Solomon W., Tirthatanmoy Das, and Rewat Thamma-Apiroam. (2013). "Heterogeneity in the Production of Human Capital," IZA Discussion Paper No. 7335.

Labor Demand

Acemoglu, Daron and David Autor. (2011). "Skills, Tasks and Technologies: Implications for Employment and Earnings," In: Orley Ashenfelter and David Card, (eds.), Handbook of Labor Economics, Volume 4, Part B, Chapter 12. Amsterdam: Elsevier. pp. 1043-1171.

Autor, D., L. Katz, and M. Kearney. (2008). "Trends in U.S. Wage Inequality: Revising the Revisionists," Review of Economics and Statistics 90(2): 300-323.

Goldin, C. and L.M. Katz. (1998). "The Origins of Technology-Skill Complementarity." Quarterly Journal of Economics, 113(3): 693-732.

Hornstein, A., P. Krusell and G.L. Violante. (2005). "The Effects of Technical Change on Labor Market Inequalities." In Handbook of Economic Growth, 1B (Elsevier Press: Amsterdam), 1275-1370.

Krusell, P., Ohanian, L. E., Ríos-Rull, J. V., and Violante, G. L. (2000). "Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis." Econometrica, 68(5): 1029-1053.

Eeckhout, Jan and Philipp Kircher. (2011). "Sorting and Factor Intensity: Production and Unemployment across Skills," Presented at the Milton Friedman Institute, University of Chicago, May 2011.

Evidence on Efficiency Unit Models: Is Comparative Advantage & Sorting Needed to Explain Wages? An Efficiency Units Model with Multiple Skills that Can, Under Certain Conditions, Produce a Model of Comparative Advantage: Notes on 'The Importance of Bundling in a Gorman-Lancaster Model of Earnings'

Notes on “The Importance of Bundling in a Gorman-Lancaster Model of Earnings

Wage Equations Part 1: Efficiency Units, Elementary Hedonic Models (Gorman and Lancaster) With and Without Bundling Restrictions.

Overview: Bringing Firms Into Wage Determination

Hedonic Models and Sorting (Nonlinear Pricing)

Detailed Notes on Sattinger (1979)

Notes on Differential Rents and the Distribution of Earnings

Tinbergen and Rosen Hedonic Models

Econometric Causality and the Roy Model

Almlund, Mathilde, and James J. Heckman. (2012). "The Roy Model and the Generalized Roy Model." Appendix.

Notes on Generalized Roy Model

The Generalized Roy Model Applied to the Problem of Policy Evaluation

Notes on Identification of the Roy Model and the Generalized Roy Model and the Benefits of a Factor Structure Model

Heckman, James J. (2012). "The Economics of Personality" Presented at the Summer School on Socioeconomic Inequality 2012, Chicago, IL. July 9, 2012. Supplemental Slides.

Golsteyn, Bart H.H. , Lex Borghans, James J. Heckman, and John Eric Humphries. (2010). "IQ, Achievement, and Noncognitive Skill"

Heckman, James J. (2012). "Hard Evidence on Soft Skills."

Heckman, Stixrud, and Urzua, The Chicago Workshop on Black-White Inequality, April, 2006.

Moreira, Sara. (2013). "Labor Demand: The Role of Technology in the Evolution of the Skill Wage Premium."

Labor Supply

Blundell, Richard and Thomas Macurdy. (1999). "Labor Supply: A Review of Alternative Approaches," In Orley C. Ashenfelter and David Card, (eds.), Handbook of Labor Economics, Volume 3, Part A, Chapter 27. Amsterdam: Elsevier. pp. 1559-1695.

Dahl, Gordon B., Andreas Ravndal Kostoly, and Magne Mogstad. (2013). "Family Welfare Cultures," NBER Working Paper No. 19237.

Keane, Michael P. (2011). "Labor Supply and Taxes: A Survey," Journal of Economic Literature, 49(4): 961-1075.

Keane, Michael P. and Richard Rogerson. (2012). "Reconciling Micro and Macro Labor Supply Elasticities: A Structural Perspective," Economics Group, Nuffield College, University of Oxford Economics Paper No. 2012-W12.

Kocherlakota, Narayana R. (2009). The New Dynamic Public Finance. University of Minnesota.

Moffitt, Robert A. (2003). "The Negative Income Tax and the Evolution of U.S. Welfare Policy," Journal of Economic Perspectives, 17(3): 119-140.

Mulligan, Casey B. (2012). The Redistribution Recession: How Labor Market Distortions Contracted the Economy. New York: Oxford University Press.

Page, Marianne E. (2002). "New Evidence on Intergenerational Correlations in Welfare Participation," Unpublished manuscript, University of California, Davis and Joint Center for Poverty Research.

Pepper, John V. (2000). "The Intergenerational Transmission of Welfare Receipt: A Nonparametric Bounds Analysis," Review of Economics and Statistics, 82(3): 472-488.

Notes

Notes on Frisch Demands

Micro Data and General Equilibrium Models (Extract on Frisch Demand)

The Koyck (1954) - Chetty (2012) Short Run vs. Long Run Response

Roberts, Cullen. "Labor Supply."

Dynamics of Skill Formation

Education and Inequality

Belley, Philippe, and Lance Lochner. (2007). "The Changing Role of Family Income and Ability in Determining Educational Achievement," Journal of Human Capital, 1(1): 37-89.

Carneiro, Pedro and James J. Heckman. (2002). "The Evidence on Credit Constraints in Post-Secondary Schooling," Economic Journal 112(482):705-734.

Eisenhauer, Philipp, James J. Heckman, and Stefano Mosso. (2014). "Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments," Unpublished manuscript, University of Chicago, Department of Economics.

Heckman, James J.; Lochner, Lance J. and Todd, Petra E. (2006). "Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond." in Handbook of the Economics of Education, E. A. Hanushek, and F. Welch, eds. Amsterdam: North-Holland. pp. 307-458.

Keane, Michael and Kenneth Wolpin. (1997). "The Career Decisions of Young Men," Journal of Political Economy, 105(3):473-522

Keane, Michael and Kenneth Wolpin. (2001). "The Effect of Parental Transfers and Borrowing Constraints on Educational Attainment." International Economic Review, 42(4): 1051-1103.

Keane, Michael P. and Kenneth I. Wolpin. (2010). "The Role of Labor and Marriage Markets, Preference Heterogeneity, and the Welfare System in the Life Cycle Decisions of Black, Hispanic, and White Women," International Economic Review 51(3): 851-892.

Lochner, Lance J., and Alexander Monge-Naranjo. (2012). "Credit Constraints in Education," Annual Review of Economics, 4: 225-256.

Lochner, Lance J. (2012). "Education, Credit Constraints, Insurance and Inequality," Presented at the Summer School on Socioeconomic Inequality, July, 2012. Chicago, IL.

Lochner, Lance J., and Alexander Monge-Naranjo. (2011). "The Nature of Credit Constraints and Human Capital," American Economic Review, 101(6): 2487-2529.

Willis, Robert and Sherwin Rosen. (1979). "Education and Self-Selection," Journal of Political Economy, 87(5, Part 2):S7-S36.

Dynamics of Skill Formation Outside of Schools

Heckman, James J. and Stefano Mosso. (2013). "The Economics of Human Development and Social Mobility," Forthcoming, Annual Review of Economics.

Rubinstein, Yona and Yoram Weiss. (2006). "Post Schooling Wage Growth: Investment, Search and Learning," In: E. Hanushek and F. Welch, (eds.), Handbook of the Economics of Education, Volume 1, Chapter 1. Amsterdam: Elsevier. pp. 1-67.

On the Job Training and Learning-by-Doing

Adda, Jerome, Christian Dustmann, Costas Meghir, and Jean-Marc Robin. (2013). "Career Progression, Economic Downturns, and Skills," Unpublished manuscript, Institute for Fiscal Policy.

Altonji, Joseph G. and Charles R. Pierret. (2001). "Employer Learning and Statistical Discrimination," Quarterly Journal of Economics. 116(1):313-350.

Antonovics, Kate and Limor Golan. (2012). "Experimentation and Job Choice," Journal of Labor Economics, 30(2): 333-366.

Ben-Porath, Yoram. (1967). "The Production of Human Capital and the Life Cycle of Earnings." Journal of Political Economy 75(4, Part I):352-365.

Bergemann, Dirk and Juuso Välimäki. (2006). "Bandit Problems," Helsinki Center of Economic Research Discussion Paper No. 93.

Farber, Henry S. and Robert Gibbons. (1996). "Learning and Wage Dynamics," Quarterly Journal of Economics , 111(4): 1007-1047.

Gladden, Tricia and Christopher Taber. (2000). "Wage Progression Among Less Skilled Workers," In Finding Jobs: Work and Welfare Reform, D. Card and R. Blank (eds.). New York: Russell Sage Foundation. pp. 160-192.

Haider, Steven J. (2001); "Earnings Instability and Earnings Inequality of Males in the United States: 1967-1991." Journal of Labor Economics 19(4): 799-836.

Haider, Steven and Gary Solon. (2006). "Life-Cycle Variation in the Association between Current and Lifetime Earnings." American Economic Review, 96(4): 1308-1320.

Hall, Robert E. (2010). Forward-Looking Decision Making Dynamic-Programming Models Applied to Health, Risk, Employment, and Financial Stability, The Gorman Lectures in Economics. Princeton, NJ: Princeton University Press Princeton.

Hause, John C. (1980, May). "The fine structure of earnings and the on-the-job training hypothesis." Econometrica 48 (4): 1013-1029.

Heckman, James J., Lochner, Lance and Cossa, Ricardo. (2003). " Learning-by-Doing versus On-the-Job Training: Using Variation Induced by the EITC to Distinguish between Models of Skill Formation," in E. Phelps, ed. Designing Inclusion: Tools to Raise Low-End Pay and Employment in Private Enterprise. New York: Cambridge University Press. pp. 74-130.

Imai, Susumu, and Michael P. Keane. (2004). "Intertemporal Labor Supply and Human Capital Accumulation," International Economic Review, 45(2): 601-641.

Johnson, William R. (1978). "A Theory of Job Shopping," Quarterly Journal of Economics, 92( 2): 261-278.

Jovanovic, Boyan and Yaw Nyarko. (1997). "Stepping-Stone Mobility," Carnegie-Rochester Conference Series on Public Policy, 46: 289-325.

Kambourov, G. and I. Manovskii, I. (2009). "Occupational Mobility and Wage Inequality." Review of Economic Studies, 76(2): 731–759.

Lange, Fabian. (2007). "The Speed of Employer Learning," Journal of Labor Economics, 25(1): 1-35.

Miller, Robert A. (1984). "Job Matching and Occupational Choice," Journal of Political Economy, 92(6):1086-1120

Robinson, Chris. (2011). "Occupational Mobility, Occupation Distance and Specific Human Capital," CBIC Working Paper No. 2011-5.

Rubinstein, Yona and Yoram Weiss. (2006). "Post Schooling Wage Growth: Investment, Search and Learning," In: E. Hanushek and F. Welch, (eds.), Handbook of the Economics of Education, Volume 1, Chapter 1. Amsterdam: Elsevier. pp. 1-67.

Sullivan, Paul. (2010). "A Dynamic Analysis of Educational Attainment, Occupational Choices, and Job Search," International Economic Review, 51(1): 289-317.

Taber, Christopher and Sanders, Carl. (2012). "Life-Cycle Wage Growth and Heterogeneous Human Capital," Annual Reviews of Economics, 4: 399-425.

Models of Preference Formation

Becker, Gary S. (1996). Accounting for Tastes. Cambridge, MA: Harvard University Press.

Genes and Environments

Heckman, James J. and Stefano Mosso. (2013). "The Economics of Human Development and Social Mobility," Forthcoming, Annual Review of Economics.

Kohler, Hans-Peter, Jere R. Behrman, and Jason Schnittker. (2011). "Social Science Methods for Twins Data: Integrating Causality, Endowments, and Heritability," Biodemography and Social Biology, 57(1): 88-141.

Björklund, Anders and Kjell G. Salvanes. (2011). "Education and Family Background: Mechanisms and Policies," In Eric A. Hanushek, Stephen Machin and Ludger Woessmann, eds., Handbook of the Economics of Education, Vol. 3, Amsterdam: Elsevier. pp. 201-247.

Dickens, William T. and James R. Flynn (2001). "Heritability Estimates Versus Large Environmental Effects: The IQ Paradox Resolved." Psychological Review, 108(2): 346-369.

Haig, D. (2004). "The (Dual) Origin of Epigenetics." Cold Spring Harbor Symposia on Quantitative Biology, 69: 67-70.

Kohler, Hans-Peter, Jere R. Behrman, and Jason Schnittker. (2011). "Social Science Methods for Twins Data: Integrating Causality, Endowments, and Heritability," Biodemography and Social Biology, 57(1): 88-141.

Narusyte, Jurgita, Jenae M. Neiderhiser, Anna-Karin Andershed, Brian M. D'Onofrio, David Reiss, Erica Spotts, Jody Ganiban, and Paul Lichtenstein. (2011). "Parental Criticism and Externalizing Behavior Problems in Adolescents: The Role of Environment and Genotype-Environment Correlation." Journal of Abnormal Psychology, 120(2): 365-376.

Neiderhiser, Jenae M. (2011). "How Genes Shape Environments," Presented at The Role of Genetic and Environmental Factors across the Lifecourse: Improving the Rigor of Causal Inference. Chicago, September 2011.

Nisbett, Richard E., Joshua Aronson, Clancy Blair, William Dickens, James Flynn, Diane Halpern, and Eric Turkheimer. (2012). "Intelligence: New Findings and Theoretical Developments," American Psychologist, 67(2): 130-159.

Plomin, Robert. (2011). "Commentary: Why are children in the same family so different? Non-shared environment three decades later," International Journal of Epidemiology, 40(3): 582-592.

General Equilibrium Models

Heckman, James J., Lance Lochner, and Christopher Taber. (1998). "Explaining Rising Wage Inequality: Explorations With A Dynamic General Equilibrium Model of Earnings," Review of Economic Dynamics, 1(1): 1-58.

Heckman, James J., Lance Lochner, and Christopher Taber. (2000). "General Equilibrium Cost Benefit Analysis of Education and Tax Policies, " In Gustav Ranis and Lakshmi K. Raut, (eds.), Trade, Growth and Development: Essays in Honor of T.N Srinivasan, Chapter 14. Amsterdam: Elsevier Science. pp. 291-393.

Heckman, James J., Lance Lochner, and Christopher Taber. (1998). "Tax Policy and Human-Capital Formation," American Economic Review, 88(2): 293-297.

Wolpin, Kenneth, and Donghoon Lee. (2006). "Intersectoral Labor Mobility and the Growth of the Service Sector," Econometrica, 74(1): 1-46.

Pew Research Center. (2014). "The Rising Cost of Not Going to College." Pew Research Center Report.

Family Influence and Early Childhood

Akabyashi, Hideo. (2006). "An Equilibrium Model of Child Maltreatment." Journal of Economic Dynamics and Control 30(6): 993–1025.

Becker, Gary S. and Tomes, Nigel. (1986). "Human Capital and the Rise and Fall of Families." Journal of Labor Economics, 4(3, Part 2): S1-S39.

Becker, Gary S. and Tomes, Nigel. (1979). "An Equilibrium Theory of the Distribution of Income and Intergenerational Mobility," Journal of Political Economy, 87(6): 1153-1189.

Behrman, Jere R., Robert A. Pollak, and Paul Taubman (1995). "The Wealth Model: Efficiency in Education and Distribution in the Family," in J. Behrman, R.Pollak, and P. Taubman, eds. From Parent to Child: Intrahousehold Allocations and Intergenerational Relations in the United States. Chicago: University of Chicago Press. pp. 113-138.

Bowles, Samuel, Herbert Gintis, and Melissa Osborne Groves, eds. (2005). Unequal Chances: Family Background and Economic Success. New York: Russell Sage Foundation.

Bowlus, Audra J. and Chris Robinson. (2012). "Human Capital Prices, Productivity, and Growth," American Economic Review, 102(7): 3483-3515.

Duncan, Greg J. and Richard Murnane, eds. (2011). Whither Opportunity? Rising Inequality, Schools, and Children's Life Chances. New York : Russell Sage Foundation.

Ermisch, John, Markus Jäntti, and Timothy Smeeding, eds. (2012). From Parents to Children: The Intergenerational Transmission of Advantage. New York: Russell Sage Foundation.

Heckman, James J. and Stefano Mosso. (2013). "The Economics of Human Development and Social Mobility," Forthcoming, Annual Review of Economics.

Laitner, John (1997). "Intergenerational and Interhousehold Economic Links." in Handbook of Population and Family Economics, Vol. 1A, M. Rosenzweig and O. Stark, eds. Amsterdam: Elsevier Science. pp. 189-238.

Lizzeri, Alessandro and Marciano Siniscalchi. (2008). "Parental Guidance and Supervised Learning." Quarterly Journal of Economics 123(3): 1161-1195.

Restuccia, Diego and Carlos Urrutia. (2004). "Intergenerational Persistence of Earnings: The Role of Early and College Education," American Economic Review, 94(5): 1354-1378.

Roberts, Cullen. (2013). "The Intergenerational Income Elasticity and Heterogeneity," Unpublished manuscript, University of Chicago, Department of Economics.

Smeeding, Timothy M., Robert Erikson, and Markus Jäntii, eds. (2011). Persistence, Privilege, and Parenting: The Comparative Study of Intergenerational Mobility. New York: Russell Sage Foundation.

Solon, Gary. (2004). "A Model of Intergenerational Mobility Variation over Time and Place," In Miles Corak (ed.), Generational Income Mobility in North America and Europe. Cambridge, UK: Cambridge University Press. pp. 38-47.

The Technology of Skill Formation

Lecture Video: Heckman, James J. 2012. "Early Childhood Inequality," Presented at the Summer School on Socioeconomic Inequality 2012, Chicago, IL. July 13, 2012.

Cunha, Flavio and James J. Heckman (2007). "The Technology of Skill Formation," American Economic Review, 97(2):31-47.

Cunha, Flavio and James J. Heckman. (2009). The Marshall Lecture: "The Economics and Psychology of Inequality and Human Development."Journal of the European Economic Association, 7(2-3): 320-364.

Cunha, Flavio and Heckman, James J. (2008). "Formulating, Identifying and Estimating the Technology of Cognitive and Noncognitive Skill Formation," Journal of Human Resources, 43(4):738-782.

Cunha, Flavio, James J. Heckman and Susanne Schennach. (2010). "Estimating the Technology of Cognitive and Noncognitive Skill Formation," Econometrica, 78(3): 883-931

Del Boca, Daniela, Flinn, Christopher, and Wiswall, Matthew. (2014). "Household Choices and Child Development," Advance Access, Review of Economic Studies.

Heckman, James J. and Stefano Mosso. (2014). "The Economics of Human Development and Social Mobility," Annual Review of Economics, 6: 689-733 .

Heckman, James, Rodrigo Pinto, and Peter Savelyev. (2013). "Understanding the Mechanisms Through Which an Influential Early Childhood Program Boosted Adult Outcomes," American Economic Review, 103(6): 2052-2086.

Models of Addiction and Preference Formation

Becker, Gary S. and Kevin M. Murphy. (1988). "A Theory of Rational Addiction," Journal of Political Economy, 96(4):675-700.

Bernheim, B. Douglas and Antonio Rangel (2004). "Addiction and Cue-Triggered Decision Processes," American Economic Review, 94(5):1558-1590.

Chen, Xiang; Cho, Kelly; Singer, Burton H.; and Zhang, Heping (2011). "The Nuclear Transcription Factor PKNOX2 Is a Candidate Gene for Substance Dependence in European-Origin Women," PLoS ONE, 6: p. e16002.

Fudenberg, Drew, and Levine, David K. (2006). "A Dual-Self Model of Impulse Control," American Economic Review, 96(5): 1449-1476.

Gul, Faruk and Pesendorfer, Wolfgang. (2001). "Temptation and Self-Control," Econometrica, 69(6): 1403-1435.

Laibson, David I., Repetto, Andrea, Tobacman, Jeremy, Hall, Robert E., Gale, William G., and Akerlof, George A. (1998). "Self-Control and Saving for Retirement," Brookings Papers on Economic Activity, 1998(1): 91-196.

Tirole, Jean. (2002). "Rational Irrationality: Some Economics of Self-Management," European Economic Review, 46(4-5): 633-655.

Uncertainty and Luck

Aiyagari, S. Rao. (1994). "Uninsured Idiosyncratic Risk and Aggregate Saving," Quarterly Journal of Economics, 109(3): 659-684.

Attanasio, Orazio P and Nicola Pavoni. (2011). "Risk Sharing in Private Information Models With Asset Accumulation: Explaining the Excess Smoothness of Consumption."Econometrica, 79(4): 1027-1068.

Blundell, R., L. Pistaferri, and I. Preston. (2008). "Consumption Inequality and Partial Insurance." American Economic Review, 98(5): 1887-1921.

Blundell, Richard and Ian Preston. (1998). "Consumption Inequality and Income Uncertainty," Quarterly Journal of Economics, 113(2): 603-640.

Blundell, Richard, Hamish Low, and Ian Preston. (2011). "Decomposing Changes in Income Risk Using Consumption Data," IZA Discussion Paper No. 6125.

Blundell, Richard; Pistaferri, Luigi, and Saporta-Eksten, Itay. (2012). "Consumption Inequality and Family Labor Supply." National Bureau of Economic Research Working Paper No. 18445.

Cunha, Flavio, James J. Heckman, and Salvador Navarro. (2005). "Separating Heterogeneity from Uncertainty in Measuring Income Inequality," (2004 Hicks Lecture). Oxford Economic Papers, 57: 191-261.

Gottschalk, Peter and Robert Moffitt. (1994). "The Growth of Earnings Instability in the U.S. Labor Market." Brookings Papers on Economic Activity No. 2, pp. 217-272.

Harris, Milton and Bengt Holmstrom. (1982). "A Theory of Wage Dynamics," Review of Economic Studies , 49(3): 315-333.

Heathcote, Jonathan, Storesletten, Kjetil, and Violante, Giovanni L. (2012). "Consumption and Labor Supply with Partial Insurance: An Analytical Framework," Unpublished manuscript, Federal Reserve Bank of Minneapolis.

Heathcote, Jonathan; and Storesletten, Kjetil; and Violante, Giovanni L. (2010). "The Macroeconomic Implications of Rising Wage Inequality in the United States," Journal of Political Economy, 118(4): 681-722.

Heathcote, Jonathan, Storesletten, Kjetil, and Violante, Giovanni L. (2011). "From Wages to Welfare: Decomposing Gains and Losses from Rising Inequality," Unpublished manuscript, Federal Reserve Bank of Minneapolis. Presented at the Tenth World Congress of the Econometric Society, Shanghai, China, 2011.

Hryshko, Dmytro. (2012). "Labor Income Profiles Are Not Heterogeneous: Evidence from Income Growth Rates," Quantitative Economics, 3(2): 177-209.

Jencks, Christopher. (1972). Inequality: A Reassessment of the Effect of Family and Schooling in America. New York: Basic Books.

Kaplan, Greg; Violante, Giovanni L. (2010). "How Much Consumption Insurance beyond Self-Insurance?" American Economic Journal: Macroeconomics, 2(4): 53-87.

Lamadon, Thibaut . (2014). "Productivity Shocks, Dynamic Contracts and Income Uncertainty," Unpublished manuscript, University College London, Department of Economics.

Meghir, Costas and Luigi Pistaferri. (2011). "Earnings, Consumption and Life Cycle Choices," In: Orley Ashenfelter and David Card, eds., Handbook of Labor Economics, Vol. 4, Part B. Amsterdam: Elsevier. pp. 773-854.

Moffitt, Robert A. and Peter Gottschalk. (2012). "Trends in the Transitory Variance of Male Earnings: Methods and Evidence." Journal of Human Resources, 47(1): 204-236.

Rogerson, William P. (1985). "Repeated Moral Hazard," Econometrica, 53(1): 69-76.

Spear, Stephen E. and Sanjay Srivastava. (1987). "On Repeated Moral Hazard with Discounting," Review of Economic Studies, 54(4): 599-617.

Violante, Gianluca. (2012). "Partial Consumption Insurance: Measurement and Models," Presented at the Becker-Friedman Institute Macroeconomics Lecture Series, November 2012.


Notes

Risk-Return Relationships in More General Models (2009).

Lise, Jeremy. (2009). "Income Processes/Shocks, Market Structure, and Information."

Gallegos, Sebastian. (2013). "(More) Recent Developments in Intergenerational Mobility Transmission Across Multiple Generations."

Garcìa, Jorge. (2014). "Consumption & Earnings Dynamics I."

Labor Income Profiles Are Not Heterogeneous: Evidence from Income Growth Rates

Health: Life-Cycle Origins and Determinants

Conti, Gabriella, James J. Heckman, and Sergio Urzua. (2010). "The Education-Health Gradient, "American Economic Review, 100(2): 234-238.

Conti, Gabriella, and Heckman, James J. (2010). "Understanding the Early Origins of the Education–Health Gradient: A Framework That Can Also Be Applied to Analyze Gene–Environment Interactions," Perspectives on Psychological Science, 5: 585-605.

Currie, Janet and Douglas Almond. (2011). "Human Capital Development before Age Five," In: David Card and Orley Ashenfelter, (eds.), Handbook of Labor Economics, Volume 4, Part B, Chapter 15. Amsterdam: Elsevier. pp. 1315-1486.

Heckman, James J. (2007). "The Economics, Technology and Neuroscience of Human Capability Formation." Proceedings of the National Academy of Sciences, 104(33): 13250-13255.

Heckman, James J., John Eric Humphries, Sergio Urzua, and Gregory Veramendi. (2013). "Education, Health and Wages," Under revision, Journal of Political Economy.

Leigh, A., C. Jencks, and T.M. Smeeding. (2009). "Health and Economic Inequalities." In: Oxford Handbook of Economic Inequality, W. Salverda, B. Nolan, and T.M. Smeeding (eds.). Oxford: Oxford University Press. pp. 385-405.

Wilkinson, R. G., and Pickett, K. E. (2006). "Income Inequality and Health: A Review and Explanation of the Evidence." Social Science and Medicine, 62(7): 1768–1784.


Notes

Currie and Almond (2011). [10 Mb--please be patient]

Conti, Gabriella, James J. Heckman, and Arianna Zanolini. (2009). "The Developmental Origins of Health: Cognition, Personality, and Education," Presented at the 6th Annual Nestlé International Nutrition Symposium, Lausanne, Switzerland, October 22, 2009.

Conti, Gabriella. (2012). "The Developmental Origins of Health Inequality," Presented at the American Economic Association meetings session on "The Early Origins of Inequality," January 6, 2012.

Conti, Gabriella and James J. Heckman. (2011). "Developmental Origins of Health," Presented at the Milton Friedman Institute, "Individuals and Institutions in the Health Care Sector," April 28, 2011.

Conti, Gabriella, Philipp Eisenhauer, James J. Heckman, Hedibert Lopes, and Remi Piatek. (2010). "Education and Health," Presented at Emory University August 28th, 2009.

Malison, David and Mohsen Mirtaher. (2014). "Life-Cycle Health Models."

Methods in Inequality Research

Bernard, Andrew B. and Steven N. Durlauf. (1996). "Interpreting Tests of the Convergence Hypothesis," Journal of Econometrics, 71(1-2): 161-173.

French, Eric and Christopher Taber. (2011). "Identification of Models of the Labor Market," In: Orley Ashenfelter and David Card, (eds.), Handbook of Labor Economics, Volume 4, Part A, Chapter 6. Amsterdam: Elsevier. pp. 537-617.

Fortin, Nicole, Thomas Lemieux and Sergio Firpo. (2011). "Decomposition Methods in Economics," In Orley Ashenfelter and David Card, eds., Handbook of Labor Economics, Vol. 4. Amsterdam, Elsevier. pp. 1-102.

Heckman, James J. (2010). "Building Bridges between Structural and Program Evaluation Approaches to Evaluating Policy," Journal of Economic Literature, 48(2): 356-398.

Heckman, James J., Sergio Urzua and Edward Vytlacil. (2006). "Understanding Instrumental Variables in Models with Essential Heterogeneity," Review of Economics and Statistics, 88(3):389-432.

Keane, Michael P., Petra E. Todd, Kenneth I. Wolpin. (2011). "The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications," In Orley Ashenfelter and David Card, (eds.), Handbook of Labor Economics, Volume 4, Part A, Chapter 4. Amsterdam: Elsevier. pp. 331-461.

Keane, Michael P., Petra E. Todd, Kenneth I. Wolpin. (2011). "The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications," In Orley Ashenfelter and David Card, (eds.), Handbook of Labor Economics, Volume 4, Part A, Chapter 4. Amsterdam: Elsevier. pp. 331-461.

MaCurdy, Thomas . (2007). "A Practitioner's Approach to Estimating Intertemporal Relationships Using Longitudinal Data: Lessons from Applications in Wage Dynamics," In: James J. Heckman and Edward E. Leamer, Eds, Handbook of Econometrics, Volume 6, Part 1. Amsterdam: Elsevier. pp. 4057-4167.