This paper presents a methodology for comparing income rank volatility profiles over time and across distributions … occur in the economy. Applying this approach to investigate rank volatility in Germany and the US over three decades, we … show that while poorer individuals within both countries are the most volatile, the volatility trend for the middle class …

by pro-cyclical volatility in annual income. Permanent income, though, can smooth away such volatility and sort families … instead of annual income. However, the growth in income concentration cannot be explained by this volatility, as growth rates …

In this paper, we argue that wage volatility is a good proxy for wage inequality because of the strong and lagged …

deficit or volatility problems, while others do not? What factors are most important in explaining cross-country variation in …