"This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and … three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in … various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the …

In spite of the important role of income expectations in economics, economists know little about how people actually … form these expectations. We use a unique data set that contains the explicit income expectations of medical students over a … 25-year time period to examine how students form income expectations. We examine whether students condition their …

This paper presents stochastic simulation results pertaining to the performance of nominal income targeting, here … existing studies of nominal income growth from a specified target rate. It attempts to improve on existing studies by …. The results suggest that nominal income targeting deserves serious consideration as a monetary policy strategy …

under the assumption that parental income is the main source of heterogeneity. We explicitly model the variability and …

This paper presents new information on the fraction of adjusted gross income, and of wages and salaries, that is … reported by taxpayers in the top one half of one percent of the income distribution. This corresponds to roughly five hundred … thousand households in the late 1990s. This paper relies on data from the Treasury's Individual Income Tax Model for the period …