This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First, we find that household characteristics explain about...

Intragenerational mobility has been a central concern in sociology, especially in the latter half of the 20th century. Most of this analysis has proceeded using measures of social position that are functions of an individual's occupation. This approach has been based on two primary...