Ranking Occupations as Risky Income Prospects

Richard Evans and Robert Weinstein

ILR Review, 1982, vol. 35, issue 2, 252-259

Abstract: This study investigates the problem of how best to measure the income attractiveness of various occupations, allowing for the differences among occupations in their stability of income. Analyzing data for eleven occupations from the one percent Public Use Sample of the 1970 U.S. Census of Occupations, the authors demonstrate the weaknesses of measures used in previous studies and the advantages of using stochastic dominance analysis.

Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ilrrev:v:35:y:1982:i:2:p:252-259

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