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 …

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. …

instrumental variables estimation to allow for the possibility of endogeneity of the respondent s self-employment status and …

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 …

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 …

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

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 …

an organization, irrespective of income gained or hours worked. This is evidence for procedural utility: people do not …