in Spain between 2005 and 2018. We construct individual measures of income risk as functions of past employment history …, income, and demographics. Focusing on males, we document that income risk is highly unequal in Spain: more than half of the …In this paper we use administrative data from the social security to study income dynamics and income risk inequality …

sector and find real income gains of 2.7%. We also find that allocative efficiency accounts for 7.4% of these gains. The … states. The remaining welfare gains are accounted for by changes in labor income, productive efficiency, and average markups …

not adjust expenditure at all and renters change their spending but by less than mortgagors. Income rises for all …

It is well-known in the literature that income per capita is strongly correlated with the level of democracy across … income to democracy even after controlling for country-specific effects. While a positive effect emerges for poor countries …

behind lifecycle consumption variations are lifecycle income changes, which display similar flattening. Employing a lifecycle … model we show changes in income are sufficient to match the movements in consumption …