Inequality and Mobility of Household Incomes in Europe. Evidence from the ECHP
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  and equalization of long-run incomes measured by the index of Fields . 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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