Income mobility, unemployment and GDP
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.
|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|
|Note:||Revised June 2003, October 2003|
|Contact details of provider:|| Postal: 11, Porte des Sciences, L-4366 Esch-sur-Alzette, G.-D. Luxembourg|
Phone: 00352 / 58 58 55 - 1
Fax: 00352 / 58 58 55 - 700
Web page: http://iriss.ceps.lu/
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- Moshe Buchinsky & Jennifer Hunt, 1999.
"Wage Mobility In The United States,"
The Review of Economics and Statistics,
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- Rolf Aaberge & Anders Björklund & Markus Jäntti & Mårten Palme & Peder J. Pedersen & Nina Smith & Tom Wennemo, 1996. "Income Inequality and Income Mobility in the Scandinavian Countries Compared to the United States," Discussion Papers 168, Statistics Norway, Research Department.
- Lillard, Lee A & Willis, Robert J, 1978. "Dynamic Aspects of Earning Mobility," Econometrica, Econometric Society, vol. 46(5), pages 985-1012, September.
- Lee A. Lillard & Robert J. Willis, 1976. "Dynamic Aspects of Earnings Mobility," NBER Working Papers 0150, National Bureau of Economic Research, Inc.
- 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 303-324, September.
- Schiller, Bradley R, 1977. "Relative Earnings Mobility in the United States," American Economic Review, American Economic Association, vol. 67(5), pages 926-941, December.
- Brunon Górecki & Karol Kuhl, 2002. "Income Mobility Factors in Transforming Economies," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 7.
- Jarvis, Sarah & Jenkins, Stephen P, 1998. "How Much Income Mobility Is There in Britain?," Economic Journal, Royal Economic Society, vol. 108(447), pages 428-443, March. Full references (including those not matched with items on IDEAS)
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