Author: Anthony Barnes Atkinson
Publisher:
ISBN:
Category :
Languages : en
Pages : 189

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Author: A. Atkinson
Publisher: Taylor & Francis
ISBN: 1136468935
Category : Business & Economics
Languages : en
Pages : 176

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Do individuals keep the same place on the earnings scale, or is there a great deal of mobility? This volume discusses the empirical studies of this issue.

Author: Mr.Tom Krebs
Publisher: International Monetary Fund
ISBN: 1475551436
Category : Business & Economics
Languages : en
Pages : 28

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This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an AR(1) component representing persistent changes in income. We use a tractable consumption-saving model with labor income risk and incomplete markets to relate income dynamics to consumption and welfare, and derive analytical expressions for income mobility and welfare as a function of the various parameters of the underlying income process. The empirical application of our framework using data on individual incomes from Mexico provides striking results. Much of measured income mobility is driven by measurement error or transitory income shocks and therefore (almost) welfare-neutral. A smaller part of measured income mobility is due to either welfare-reducing income risk or welfare-enhancing catching-up of low-income individuals with high-income individuals, both of which have economically significant effects on social welfare. Decomposing mobility into its fundamental components is thus seen to be crucial from the standpoint of welfare evaluation.

Author: Mareike Schad
Publisher: Springer
ISBN: 3658104651
Category : Political Science
Languages : en
Pages : 174

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Mareike Schad examines how redistributive policy measures influence intergenerational income mobility, taking into account various facets of the parent-child connection. In the first part, the author investigates the impact of education and education policy on income mobility both theoretically and empirically. The second part addresses individual beliefs regarding the determinants of personal economic success and their effect on income mobility within a society.

Author: Francisca Antman
Publisher: World Bank Publications
ISBN:
Category : Equality
Languages : en
Pages : 36

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The degree of mobility in incomes is often seen as an important measure of the equality of opportunity in a society and of the flexibility and freedom of its labor market. But estimation of mobility using panel data is biased by the presence of measurement error and non-random attrition from the panel. This paper shows that dynamic pseudo-panel methods can be used to consistently estimate measures of absolute and conditional mobility in the presence of non-classical measurement errors. These methods are applied to data on earnings from a Mexican quarterly rotating panel. Absolute mobility in earnings is found to be very low in Mexico, suggesting that the high level of inequality found in the cross-section will persist over time. However, the paper finds conditional mobility to be high, so that households are able to recover quickly from earnings shocks. These findings suggest a role for policies which address underlying inequalities in earnings opportunities.

Author: Bhashkar Mazumder
Publisher:
ISBN:
Category : Age and employment
Languages : en
Pages : 74

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Author: Rita Asplund
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 328

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A dozen papers from the first conference of the European Low-Wage Employment Research Network (LoWER), held in Bordeaux, January to February 1997. They focus on whether poorly paid workers can obtain higher-paid jobs through upward mobility over time within the earnings distribution. They identify those individual characteristics that affect upward mobility positively and negatively. The perspective in pan-European, encompassing 13 countries. Annotation copyrighted by Book News, Inc., Portland, OR

Author: Diding Sakri
Publisher: Cambridge University Press
ISBN: 1009382713
Category : Business & Economics
Languages : en
Pages : 106

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In the Global South economic mobility across generations or intergenerational economic mobility is in and of itself an important topic for research with consequences for policy. It concerns the 'stickiness' or otherwise of inequality because mobility is concerned with the extent to which children's economic outcomes are dependent on their parents' economic outcomes. Scholars have estimated levels of intergenerational mobility in many developed countries. Fewer estimates are available for developing countries, where mobility matters more due to starker differences in living standards. This Element surveys the area, conceptually and empirically; it presents a new estimate for a developing country, namely Indonesia; it discusses the 'Great Gatsby Curve' and highlights the different positions of developed and developing countries. Finally, it presents a theoretical framework to explain the drivers of mobility and the stickiness or otherwise of inequality across time. This title is also available as Open Access on Cambridge Core.

Author: Juan Gabriel Rodríguez
Publisher: Emerald Group Publishing
ISBN: 1780520344
Category : Business & Economics
Languages : en
Pages : 259

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Eight papers, both theoretical and applied, on the concept of equality of opportunity which says that a society should guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of effort.

Author: Nathan D. Grawe
Publisher: Statistics Canada
ISBN: 9780662346739
Category : Fathers and sons
Languages : en
Pages : 38

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