On the measurement of long-term income inequality and income mobility

In studies of intergenerational mobility using income data such as Solon (1992), a common approach is to regress son’s (log) income on father’s (log) income to obtain an estimate of

Our empirical results highlight these differences: Due to low cross-sectional inequality in the Nordic countries, even small changes in relative incomes over time – which matter

We find that income mobility reduces inequality in lifetime income by about 25 percent, while heterogeneous age–income profiles contributes to upward (downward)

Table 6 provides a decomposition of the mean value of individual (equivalent) extended income with respect to private incomes and municipal in-kind benefits, where municipal in-kind

To abandon the assumption of constant consumption levels over time we introduce a more flexible representation of permanent income that is compatible with a more general

For example, in analysis of welfare, game theory, choice under uncertainty and dynamic choice, models are formulated in terms of (time independent) utility of total income

The first part of the paper introduces a family of top income mobility measures based on differences in average annual incomes of top income earners in short-term and

There had been an innovative report prepared by Lord Dawson in 1920 for the Minister of Health’s Consultative Council on Medical and Allied Services, in which he used his