In this study, using the 2003 Turkish Household Budget Survey (HBS), we investigate the life-cycle profiles of household income and its components by educational attainment, and compare these profiles with those reported for various developed and developing countries. A key aspect of our...

What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profi les? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...

What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...