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The economic mobility of individuals and households is of fundamental interest. While many measures of economic … mobility exist, reliance on transition matrices remains pervasive due to simplicity and ease of interpretation. However … require data from more than two periods. In this paper, we investigate what can be learned about economic mobility as measured …
Persistent link: https://www.econbiz.de/10011972716
pure effect of economic growth, a mobility effect and a cost due to aversion to time fluctuations given individuals' ranks … in the income distribution. The mobility effect, generated by reranking in the income distribution has two components: a … mobility due to the increase in time fluctuations of individual income streams, the net effect of mobility remains positive. In …
Persistent link: https://www.econbiz.de/10011919623
In this paper we estimate a multi-dimensional poverty index (US-MPI) in the United States. Measuring poverty using multiple dimensions of deprivation provides a more complete picture of poverty. The US-MPI measures simultaneous deprivations experienced in multiple dimensions of well-being:...
Persistent link: https://www.econbiz.de/10013025058
; changes over time in mobility, which can offset or amplify the cross-sectional increase in inequality, determine the degree to … number of mobility concepts and measures drawn from the literature, we examine mobility levels and trends for U.S. working …-age families, overall and by race, during the time span 19672004. By most measures, we find that mobility is lower in more recent …
Persistent link: https://www.econbiz.de/10003874973
Much of America's promise is predicated on economic mobility - the idea that people are not limited or defined by where … they start, but can move up the economic ladder based on their efforts and accomplishments. Family income mobility … year since the mid-1970s; given this rising cross-sectional inequality, changes over time in mobility determine the degree …
Persistent link: https://www.econbiz.de/10009374711
German and United States data from the Luxembourg Income Study are used to compare the relative economic well-being of Germans and Americans in the 1980s. In our analysis we use both official equivalence scales and consumption-based country-specific equivalence scales developed for Germany and...
Persistent link: https://www.econbiz.de/10009667623
Choosing an appropriate equivalence scale is a prerequisite for comparisons of economic well-being income distribution, inequality or poverty. This is true for country specific work or for cross-national comparisons. Researchers generally either use a country specific equivalence scale (social...
Persistent link: https://www.econbiz.de/10009667627
We provide an analytical framework within which changes in income inequality over time are related to the pattern of income growth across the income range, and the reshuffling of individuals in the income pecking order. We use it to explain how it was possible both for "the poor" to have fared...
Persistent link: https://www.econbiz.de/10011439136
Much of America's promise is predicated on economic mobility - the possibility that people can move up and down the … economic ladder during their lifetimes. Mobility is of particular consequence when economic disparities are increasing. Using … panel data and mobility concepts and measures adapted from the literature, this paper examines 10-year income mobility …
Persistent link: https://www.econbiz.de/10011536212
In this study we analyze the effects of corruption on income inequality and poverty. Our analysis advances the existing literature in four ways. First, instead of using corruption indices assembled by various investment risk services, we use an objective measure of corruption: the number of...
Persistent link: https://www.econbiz.de/10008772371