14.64 | Fall 2009 | Undergraduate

Labor Economics and Public Policy

Plot of taxable earnings by whites and nonwhites born 1950-53

Description:

The figure plots the history of FICA taxable earnings for the four cohorts born 1950-1953. For each cohort, separate lines are drawn for draft-eligible and draft-ineligible men. Plotted points show average real (1978) earnings of working men born in 1953, real earnings + $3000 for men born in 1950, real earnings + $2000 for men born in 1951, and real earnings + $1000 for men born in 1952. Figure 1 in “Lifetime Earnings and the Vietnam Era Draft Lottery: Evidence from Social Security Administrative Records” by Joshua Angrist, American Economic Review (December 1990): 1284-1286. (Image courtesy of American Economic Association. Used with permission.)

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Plot of taxable earnings by whites and nonwhites born 1950-53
Alt text:
Plot of taxable earnings by whites and nonwhites born 1950-53.
Caption:
The figure plots the history of FICA taxable earnings for the four cohorts born 1950-1953. For each cohort, separate lines are drawn for draft-eligible and draft-ineligible men. Plotted points show average real (1978) earnings of working men born in 1953, real earnings + $3000 for men born in 1950, real earnings + $2000 for men born in 1951, and real earnings + $1000 for men born in 1952. Figure 1 in “Lifetime Earnings and the Vietnam Era Draft Lottery: Evidence from Social Security Administrative Records” by Joshua Angrist, American Economic Review (December 1990): 1284-1286. (Image courtesy of American Economic Association. Used with permission.)
Plot of taxable earnings by whites and nonwhites born 1950-53.

Course Info

Departments
As Taught In
Fall 2009
Learning Resource Types
Problem Sets with Solutions