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Income mobility, unemployment and GDP

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  • Kuhl, Karol

    (Faculty of Economics, Warsaw University)

Abstract

This paper attempts to identify macroeconomic factors of income mobility. Explored is the relationship between biannual relative income mobility, the relative change in the unemployment rate and the relative change in GDP. A theoretical model is proposed which provides an explanation of the nature of this relationship. It is then verified using household budget data from the CHER database.

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Bibliographic Info

Paper provided by IRISS at CEPS/INSTEAD in its series IRISS Working Paper Series with number 2003-01.

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Date of creation: Feb 2003
Date of revision: Oct 2003
Publication status: Published in EMERGO - Journal of Transforming Economies and Societies, 2003, vol. 10, no. 3, pp. 32-43
Handle: RePEc:irs:iriswp:2003-01

Note: Revised June 2003, October 2003
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Keywords: income mobility ; unemployment ; GDP;

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References

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  1. Moshe Buchinsky & Jennifer Hunt, 1999. "Wage Mobility In The United States," The Review of Economics and Statistics, MIT Press, vol. 81(3), pages 351-368, August.
  2. Aaberge, Rolf & Björklund, Anders & Jäntti, Markus & Palme, Mårten & Pedersen, Peder & Smith, Nina & Wennemo, Tom, 1996. "Income Inequality and Income Mobility in the Scandinavian Countries Compared to the United States," Working Paper Series in Economics and Finance 98, Stockholm School of Economics, revised Aug 2002.
  3. Brunon Górecki & Karol Kuhl, 2003. "Income Mobility Factors in Transforming Economies," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 7.
  4. Schiller, Bradley R, 1977. "Relative Earnings Mobility in the United States," American Economic Review, American Economic Association, vol. 67(5), pages 926-41, December.
  5. Olga Cantó-Sánchez, . "Income mobility in Spain: How much is there," Studies on the Spanish Economy 17, FEDEA.
  6. Jarvis, Sarah & Jenkins, Stephen P, 1998. "How Much Income Mobility Is There in Britain?," Economic Journal, Royal Economic Society, vol. 108(447), pages 428-43, March.
  7. Hauser, Richard & Fabig, Holger, 1999. "Labor Earnings and Household Income Mobility in Reunified Germany: A Comparison of the Eastern and Western States," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 45(3), pages 303-24, September.
  8. Lee A. Lillard & Robert J. Willis, 1976. "Dynamic Aspects of Earnings Mobility," NBER Working Papers 0150, National Bureau of Economic Research, Inc.
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