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An 'income mobility profile' is a graphical tool to portray income mobility and identify the association between individual movements and initial status which, despite its importance when assessing the social relevance of mobility, is often discounted by aggregate mobility indices.
Persistent link: https://www.econbiz.de/10005296472
We allow for differential effects of physical appearance across the wage distribution using a technique traditionally used in the finance literature. We find an average beauty premium of 2%–4% for women, which is concentrated at the bottom of the wage distribution. The average beauty premium...
Persistent link: https://www.econbiz.de/10011263438
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...
Persistent link: https://www.econbiz.de/10011041732