and Europe. Rates and trends in absolute mobility varied dramatically across countries during this period: the US and … cross-cohort income inequality, were the primary driver of differing mobility rates across countries. We also demonstrate …

incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … and on the inequality of income across individuals. Using panel data, we find that Canada's tax system limits … income equalizing effect of taxes can reach up to 23 percent of mean income at the higher values of inequality aversion that …

We compare earnings inequality and mobility across the U.S., Canada, France, Germany and the U.K. during the late 1990s … and employment risk are found to be positively correlated with base-year inequality. Taken together they produce more … equalization in countries with high cross-section inequality such that the countries in our sample have more similar lifetime …