Arellano, Manuel; Bonhomme, Stéphane; De Vera, Micole; … - 2021
In this paper we use administrative data from the social security to study income dynamics and income risk inequality … inversely related to income and age, and income risk inequality increases markedly in the recession. These findings are robust … in Spain between 2005 and 2018. We construct individual measures of income risk as functions of past employment history …