capital and labor incomes. This paper documents and explains changes in income volatility. Using a theoretical framework which … idiosyncratic component of income volatility has hardly changed over time. Third, crosssectional heterogeneity in the evolution of … relative income volatilities is substantial. If anything, the labor incomes of high- and low-skilled workers have become more …

gesamte Varianz der Einkommen in kurzfristige Unsicherheit (transitorische Varianz) und langfristige Einkommensungleichheit … Geburtskohorten (1935 – 1974). Die Analyse basiert auf sozialversicherungspflichtigen Einkommen, die im primären Erwerbsalter zwischen …

monthly frequency of regular wage adjustments almost doubled, while the distribution of changes in regular wages morphed from …