[Past Issues] [TOC]

Life-Time Earnings by Age and Level of Education

Richard A. Shick and George Palumbo

BRC Journal of Advances in Business

Volume 2

Number 1

Print ISSN: 2152-8616 Online ISSN: 2152-8667

Date: March 15, 2014

First Page 1

Last Page 11

DOI: http://dx.doi.org/10.15239/j.brcadvjb.2014.02.01.ja01

Abstract

Life-time earnings patterns of individuals are an important consideration in forecasting future earnings of individuals who have losses due to personal injury or death as well as valuing the enhanced earnings due to licenses and education obtained during a marriage. This paper provides fresh evidence of how earnings change over an individual’s life based on their educational level and whether these earnings have kept pace with inflation. In addition it provides some limited evidence on the issue of the stability of the age-earnings patterns over time and the possible effects of different data samples on the conclusions of previous studies.

Download Paper

Web Appendix Is Available