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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. Empirical evidence supporting our arguments is provided using data from the …
Persistent link: https://www.econbiz.de/10012771288
We develop a new approach to the decomposition of income risk within a non- stationary model of intertemporal choice … environment is used to show the robustness of the method for decomposing income risk. The approach is used to investigate the … changes in income risk in Britain across the in- equality growth period from the late 1970s to the late 1990s. We document …
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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. Empirical evidence supporting our arguments is provided using data from the …
Persistent link: https://www.econbiz.de/10011433584
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This paper focuses on the determinants of aggregate investment spending in the UK for the industrial and commercial companies (ICC) sector. It complements recent work by Cuthbertson and Gasparro, who study an augmented Tobin's q model of investment in the manufacturing sector. Important focal...
Persistent link: https://www.econbiz.de/10014146263