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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Paper provided by Institute for Advanced Studies in its series Economics Series with number
195.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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.
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