NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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What Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Risk?

Fatih Guvenen, Fatih Karahan, Serdar Ozkan, Jae Song

NBER Working Paper No. 20913
Issued in January 2015

---- Acknowledgments ----

For helpful critiques and comments, we thank Joe Altonji, Andy Atkeson, Richard Blundell, Michael Keane, Giuseppe Moscarini, Fabien Postel-Vinay, Kjetil Storesletten, Anthony Smith, and seminar and conference participants at various universities and research institutions. Financial support from the National Science Foundation (grant SES-1357874) is gratefully acknowledged. The views expressed herein are those of the authors and do not represent those of the Social Security Administration, the Federal Reserve Banks of Minneapolis and New York, the Board of Governors of the Federal Reserve System, or the National Bureau of Economic Research.

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