On the variability of income within and across generations
We 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.
|Date of creation:||08 Feb 2012|
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- Gary S. Becker & Nigel Tomes, "undated".
"Human Capital and the Rise and Fall of Families,"
University of Chicago - Population Research Center
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- Björklund, Anders & Jäntti, Markus & Lindquist, Matthew J., 2007.
"Family Background and Income during the Rise of the Welfare State: Brother Correlations in Income for Swedish Men Born 1932-1968,"
IZA Discussion Papers
3000, Institute for the Study of Labor (IZA).
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IZA Discussion Papers
5697, Institute for the Study of Labor (IZA).
- Martin Nybom & Jan Stuhler, 2016. "Heterogeneous Income Profiles and Lifecycle Bias in Intergenerational Mobility Estimation," Journal of Human Resources, University of Wisconsin Press, vol. 51(1), pages 239-268.
- Anders Bohlmark & Matthew J. Lindquist, 2006. "Life-Cycle Variations in the Association between Current and Lifetime Income: Replication and Extension for Sweden," Journal of Labor Economics, University of Chicago Press, vol. 24(4), pages 879-900, October.
- Steven Haider & Gary Solon, 2006.
"Life-Cycle Variation in the Association between Current and Lifetime Earnings,"
American Economic Review,
American Economic Association, vol. 96(4), pages 1308-1320, September.
- Steven Haider & Gary Solon, 2006. "Life-Cycle Variation in the Association between Current and Lifetime Earnings," NBER Working Papers 11943, National Bureau of Economic Research, Inc.
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