On the variability of income within and across generations
AbstractWe examine the association of income variability both within and across generations based on a heterogeneous growth model of permanent and transitory income in Sweden. Non-parametric regressions reveal that income variability is strongly associated with long-run levels of income, especially for low- and high income earners, and that it is also strongly associated across generations.
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Bibliographic InfoPaper provided by Swedish Institute for Social Research in its series Working Paper Series with number 3/2012.
Length: 12 pages
Date of creation: 08 Feb 2012
Date of revision:
Intergenerational mobility; income variability;
Other versions of this item:
- Jäntti, Markus & Lindahl, Lena, 2012. "On the variability of income within and across generations," Economics Letters, Elsevier, vol. 117(1), pages 165-167.
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Job, Occupational and Intergenerational Mobility; Promotion
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