Structural Analysis of U.S. Appraiser Income

Posted: 1 Apr 2000

See all articles by Marvin Wolverton

Marvin Wolverton

Washington State University

Donald Epley

Washington State University

Abstract

This study represents the first investigation of appraiser income at the national level. It is especially timely because it addresses the value of Appraisal Institute designations in a post-FIRREA world, in addition to investigating the impact of gender on appraiser income. The study employs a worker-productivity, human-capital model and finds that appraiser income is positively and significantly impacted by the amount of work effort expended, the level of appraisal experience, and the formal education and professional training attained by an appraiser. Appraisal Institute designations are found to have a significant and positive impact on income, even in a post-FIRREA world of required appraiser licensing and certification. Gender does not appear to impact appraiser income. However, questions do arise regarding the status of female (and minority) appraisers.

JEL Classification: J31, J49

Suggested Citation

Wolverton, Marvin and Epley, Donald, Structural Analysis of U.S. Appraiser Income. Available at SSRN: https://ssrn.com/abstract=186357

Marvin Wolverton (Contact Author)

Washington State University ( email )

College of Business and Economics P.O. Box 644746
Pullman, WA 99164-4741
509-335-7658 (Phone)
509-335-3857 (Fax)

Donald Epley

Washington State University ( email )

College of Business and Economics P.O. Box 644746
Pullman, WA 99164-4741
509-335-2968 (Phone)
509-335-3857 (Fax)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
1,507
PlumX Metrics