This paper uses age-period-cohort models to show that the living standards (total monetary incomes after public benefits and contributions, adjusted for household size and inflation) of successive birth cohorts in the United States and Germany are strongly correlated with general changes in...

This paper presents a methodology for comparing income rank volatility profiles over time and across distributions. While most of the existing measures are affected by changes in marginal distributions, this paper proposes a framework that is based on individuals’ relative positions in the...

This paper presents a methodology for comparing income rank volatility profiles over time and across distributions. While most of the existing measures are affected by changes in marginal distributions, this paper proposes a framework that is based on individuals' relative positions in the...