This paper establishes new evidence on the cyclical behaviour of household income risk in Great Britain and assesses … Panel Survey (1991-2008) by decomposing stochastic idiosyncratic income into its transitory, persistent and fixed components …. We then estimate how income risk, measured by the variance and the skewness of the probability distribution of shocks to …

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 …

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

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. …

We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades …. Combining personal income tax and social security data allows us - for the first time - to offer a complete picture of the … German labor market and increasing labor supply. In the second part of the paper, we study the distribution of total income …

maternal leave exacerbates the shock which pleads against long leaves. Similarly, cash transfers to mothers via the income … form of Income Tax Credits) are not only useful to exit the wage trap, but also to speed up recovery and reduce the child …

This paper examines how skill-biased growth can generate economic fragmentation (income disparities) that give rise to …-nationalist policies (which destroy productivity, compress the income distribution and promote the benefits of social affiliation). …