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 risk of demographic and labour market factors....

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 risk of demographic and labour market factors....

This paper explores the links between school, family and areabackground influences during adolescence and later adult economicoutcomes. The empirical analysis is based on data covering the period1979 to 1996, drawn from the 1979 US National Longitudinal Survey ofYouth. For a sample of...

This paper is motivated by the lack of any obvious relationship betweenaggregate poverty and unemployment in Great Britain. We derive aframework based on individuals’ risks of unemployment and poverty,and how these vary over the economic cycle. Analysing the BritishHousehold Panel Survey for...

We provide a critique of the methods that have been used to derive measures ofincome risk and draw attention to the importance of demographic factors as asource of income risk. We also propose new measures of the contribution tototal income risk of demographic and labour market factors....

Truancy is often seen as irrational behaviour on the part of school ageyouth. This paper takes the opposite view and models truancy as thesolution to a time allocation problem in which youths derive currentreturns from activities that reduce time spent at school. The model isestimated using a US...

This paper explores the links between school, family and area background influences during adolescence and later adult economic outcomes. The empirical analysis is based on data covering the period 1979 to 1996, drawn from the 1979 US National Longitudinal Survey of Youth. For a sample of...