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Inequality and Mobility of Household Incomes in Europe. Evidence from the ECHP

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Author Info
Riener, Gerhard (Department of Economics, University of Essex, Essex, United Kingdom)

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Abstract

In this paper I 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 [2004]. The cross country comparison shows a negative relationship between total relative mobility and long-run income equalization, this results 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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File URL: http://www.ihs.ac.at/publications/eco/es-195.pdf
File Format: application/pdf
File Function: First version, 2006
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Publisher Info
Paper provided by Institute for Advanced Studies in its series Economics Series with number 195.

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Length: 18 pages
Date of creation: Sep 2006
Date of revision:
Handle: RePEc:ihs:ihsesp:195

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Related research
Keywords: Income distribution; Economic mobility; Inequality;

Find related papers by JEL classification:
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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References listed on IDEAS
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  1. Benabou, R. & Ok, E.A., 2000. "Mobility as Progressivity: Ranking Income Processes According to Equality of Opportunity," Papers 211, Princeton, Woodrow Wilson School - Public and International Affairs.
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  2. Gottschalk, Peter & Spolaore, Enricco, 2002. "On the Evaluation of Economic Mobility," Review of Economic Studies, Blackwell Publishing, vol. 69(1), pages 191-208, January.
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  3. Fields, Gary S & Ok, Efe A, 1999. "Measuring Movement of Incomes," Economica, London School of Economics and Political Science, vol. 66(264), pages 455-71, November. [Downloadable!] (restricted)
  4. Jovanovic, Boyan, 1979. "Job Matching and the Theory of Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 972-90, October. [Downloadable!] (restricted)
    Other versions:
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This page was last updated on 2009-12-10.


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