On the variability of income within and across generations

We examine the association of income variability both within and across generations based on a heterogeneous growth model of permanent and transitory income in Sweden. Non-parametric regressions reveal that income variability is strongly associated with long-run levels of income, especially for low- and high-income earners, and that it is also strongly associated across generations.

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Year of publication:	2012
Authors:	Jäntti, Markus ; Lindahl, Lena
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 1, p. 165-167
Publisher:	Elsevier
Subject:	Intergenerational mobility \| Income variability \| Long-run income

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Type of publication:	Article
Classification:	D31 - Personal Income, Wealth and Their Distributions ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; J62 - Occupational and Intergenerational Mobility ; C14 - Semiparametric and Nonparametric Methods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011041732