Has the instability of personal incomes been increasing?

This paper examines trends in the instability of personal incomes in Britain in terms of changes in the transitory variance and in volatility, measures that have received much recent attention in research about the USA. It is shown that, although US measures have trended upwards over the past two decades, there is no such trend in Britain between the early-1990s and the mid-2000s. Explanations for these differences are discussed.

MoreLess

Year of publication:	2011
Authors:	Jenkins, Stephen P.
Institutions:	London School of Economics (LSE)
Subject:	ISI \| British Household Panel Survey \| income instability \| income risk \| income volatility \| longitudinal data \| transitory variance

More details

Extent:	application/pdf
Series:	LSE Research Online Documents on Economics.
Type of publication:	Book / Working Paper
Notes:	Published in National Institute Economic Review, 2011, 218(1), pp. R33-R43. ISSN: 0027-9501
Classification:	D31 - Personal Income, Wealth and Their Distributions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011126553