Uncertainty about future income: Initial beliefs and resolution during college

We use unique data from the Berea Panel Study to characterize how much earnings uncertainty is present for students at college entrance and how quickly this uncertainty is resolved. We characterize uncertainty using survey questions that elicit the entire distribution describing one's beliefs a...

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Bibliographic Details
Main Authors: Gong, Y. (Author), Stinebrickner, R. (Author), Stinebrickner, T. (Author)
Format: Article
Language:English
Published: John Wiley and Sons Ltd 2019
Subjects:
J30
Online Access:View Fulltext in Publisher