-integration between income and consumption, based on a periodic error correction model, is rejected. A PADL specification is preferred for … modelling the income-consumption relationship, using seasonally unadjusted data. …

This paper uses the New Zealand Linked Income Supplement (LIS) to investigate the annual transitions in hourly earnings …

Business income is important in the upper tail of the personal income distribution, but the extent to which it is … captured by measures of personal income varies substantially across tax regimes. Using linked individual and firm data from … Norway, we are able to attribute business income to personal owners as it accrues rather than when it is realized. This …