Cervini-Plá, María; López-Villavicencio, Antonia; … - Groupe d'Analyse et de Théorie Économique Lyon … - 2015
We investigate the cyclicality of real wages and income using individual data for the UK over the 1991-2008 period. By paying special attention to the heterogeneity among different earnings and income groups, we document that individuals at the top of the distribution are more cyclical than...