Showing 1 - 10 of 17,579
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an...
Persistent link: https://www.econbiz.de/10013084765
Wie sind die Einkommen und Vermögen in Deutschland verteilt? Auf diese so scheinbar einfache Frage gibt es oft keine einfache Antwort, manchmal nicht einmal eine eindeutige. Verschiedene gesellschaftliche Veränderungen wie die alternde Bevölkerung, die Tendenz zum Alleinleben oder der...
Persistent link: https://www.econbiz.de/10012176583
We suggest a simple and flexible criterion to assess inter-generational mobility. It accommodates different types of outcomes (continuous outcomes such as potential earnings, or discrete ones such as education groups) and captures dynastic improvements of such outcomes at different points of the...
Persistent link: https://www.econbiz.de/10012509834
We suggest a simple and flexible criterion to assess relative inter-generational mobility. It accommodates different types of outcomes, such as (continuous) earnings or (discrete and ordinal) education levels, and captures dynastic improvements of such outcomes at different points of the initial...
Persistent link: https://www.econbiz.de/10013499450
Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare analysis of mobility often fails, however, to account for the cost of the variability of periodic incomes around permanent incomes. This paper assesses the net welfare benefit of...
Persistent link: https://www.econbiz.de/10009308021
This paper combines historical cross-sectional and longitudinal data in the US to study patterns of economic growth within the income distribution. We quantify absolute mobility as the fraction of families with higher income over a period of several years. The rates of absolute mobility over...
Persistent link: https://www.econbiz.de/10012897993
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an...
Persistent link: https://www.econbiz.de/10009680990
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an...
Persistent link: https://www.econbiz.de/10013096445
We provide an analytical framework within which changes in income inequality over time are related to the pattern of income growth across the income range, and the reshuffling of individuals in the income pecking order. We use it to explain how it was possible both for "the poor" to have fared...
Persistent link: https://www.econbiz.de/10011439136
The canonical approach to analysing the poverty impact of growth is based on the comparison of poverty before and after growth. Measurement tools that endorse this approach fail to capture the different experiences of poverty dynamics in the population: there can be groups of the population made...
Persistent link: https://www.econbiz.de/10012003840