• 1. Introduction and Non-technical Summary
  • 2. Conceptual Framework
  • 2.1 Defining Income Risk
  • 2.2 Time-varying conditioning variables
  • 2.3 Unobservable characteristics and longitudinal data
  • 2.4 The sources of income risk
  • 2.5 Individual income and household income
  • 2.6 Dynamic specification issues
  • 2.7 Previous literature on income risk
  • 2.8 Summary
  • 3. Data and Definitions
  • 4. Results
  • 4.1 The impact of choice of conditioning variables
  • 4.2 The contribution of demographic and labour market factors to totalincome risk
  • 5. Conclusions
  • References