Inequality and mobility of household incomes in Europe: evidence from the ECHP
AbstractIn this article we want to shed light on two aspects of income mobility: relative total income mobility using the estimator by Fields and Ok (1999) and equalization of long-run incomes measured by the index of Fields (2009). The cross country comparison shows a negative relationship between total relative mobility and long-run income equalization, this result is contrary to the intuition given by Shorrocks (1978a) who stated that higher relative mobility will cause higher equalization of incomes when the accounting period is extended.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 44 (2012)
Issue (Month): 3 (January)
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Other versions of this item:
- Riener, Gerhard, 2006. "Inequality and Mobility of Household Incomes in Europe. Evidence from the ECHP," Economics Series 195, Institute for Advanced Studies.
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
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