incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … net effect of mobility on inequality and social welfare. …Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare …

incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … net effect of mobility on inequality and social welfare. …Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare …

incomes. This paper assesses the net welfare benefit of mobility by assuming both an aversion to inequality in permanent … effect of mobility on inequality and social welfare. …Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare …

incomes. This paper assesses the net welfare benefit of mobility by assuming both a social aversion to inequality in permanent … net effect of mobility on inequality and social welfare. …Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare …

Do market-orientated economies with relatively large cross-sectional levels of inequality have higher income mobility … and therefore less permanent inequality? To answer this question, we introduce a formal representation of income mobility … as an equalizer of permanent income. The proposed representation is called a mobility curve and forms the basis for …

Do market-orientated economies with relatively large cross-sectional levels of inequality have higher income mobility … and therefore less permanent inequality? To answer this question, we introduce a formal representation of income mobility … as an equalizer of permanent income. The proposed representation is called a mobility curve and forms the basis for …