Measuring Income Risk
AbstractWe provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors. Empirical evidence supporting our arguments is provided using data from the British Household Survey.
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Bibliographic InfoPaper provided by Centre for Analysis of Social Exclusion, LSE in its series CASE Papers with number case40.
Date of creation: Jun 2000
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Web page: http://sticerd.lse.ac.uk/case/_new/publications/default.asp
Income risk; demographics; panel data;
Other versions of this item:
- Burgess, Simon & Gardiner, Karin & Jenkins, Stephen P & Propper, Carol, 2000. "Measuring Income Risk," CEPR Discussion Papers 2512, C.E.P.R. Discussion Papers.
- Simon Burgess & Karen Gardiner & Stephen P. Jenkins & Carol Propper, 2000. "Measuring Income Risk," Discussion Papers of DIW Berlin 213, DIW Berlin, German Institute for Economic Research.
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
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