normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …This paper documents earnings dynamics over the life-cycle and income level using a large administrative database from …, there is no evidence of an added-worker effect but government insurance and income pooling can mitigate the pass-through of …

capital and labor incomes. This paper documents and explains changes in income volatility. Using a theoretical framework which … idiosyncratic component of income volatility has hardly changed over time. Third, crosssectional heterogeneity in the evolution of … relative income volatilities is substantial. If anything, the labor incomes of high- and low-skilled workers have become more …

manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …

This paper examines the relationship between idiosyncratic risk in labour income and fluctuations in aggregate labour … BHPS sub-sample of Understanding Society for 2010-2014. We measure idiosyncratic risk in labour income by the relevant …

Courts typically base compensation for loss of income in personal injury cases on either mean or median work income …. Yet, quantatively, mean and median incomes are typically very different. For example, in the US median income is 65 … percent of mean income. In this paper we use economic theory to determine the relation between the appropriate make …

standard method in the literature for measuring the pass-through of income shocks to consumption—can significantly overstate … transitory income (e.g., from a stimulus check) is higher under non-Gaussian earnings risk. …

maternal leave exacerbates the shock which pleads against long leaves. Similarly, cash transfers to mothers via the income … effect on labor supply aggravate gender wage differences. By contrast, temporary subsidies to mothers' wages (possibly in the … form of Income Tax Credits) are not only useful to exit the wage trap, but also to speed up recovery and reduce the child …

Although lower income is associated with overweight (and obesity), such an association is explained by a number of … other confounding effects such as omitted variables (e.g., time preferences) explaining that income effect on overweight. We … study the effect of unearned income shocks resulting from a lottery win (windfall income) on both overweight (alongside …