This paper argues that our understanding of income and poverty dynamics benefits from taking a life cycle perspective … their probability of experiencing rising, falling, or other income trajectories. Using ten waves of the British Household … Panel Survey, we analyse the income trajectories of people at different stages in their lives in order to build a picture of …

on the equilibrium growth rateas well as on the income distribution. We show that the relationship between growth …

In this paper we explore the association between family income and children's cognitive ability (IQ and school … characteristics and home environments of low income children in accounting for different outcomes. Using rich cohort data from the UK … psychological functioning. We also find some some aspects of the environment of higher income households hinder child development …

disadvantaged. Moreover, awards were less commonplace where there were fewer children, where mothers claimed Income Support, were …

correlation via the use of proxy variables entails an errors-in-variables bias. By solving a system of moment equations for income … averaging estimator provides intermediary values between OLS and the proposed estimator. Persistence is higher for family income …

instrumenting procedures. Here we take the permanent income of the parentsamp;apos' family to be unobserved, but we assume that its … of parents and children entail estimates of the order of 0.61 to 0.64 for the coefficient of intergenerational income … transmission. OLS estimates this parameter at 0.5. The variance ratio of permanent to total income is also estimated to be in the …

We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the … importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income …