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document the extent of regional variation in educational and income mobility across Swedish municipalities, and describe its … that income inequality and mobility are negatively related, across all mobility measures. Fourth, we exploit variation in … local exposure to show that the 1990s economic crisis and the 2007-2008 fi nancial crisis had a negative eff ect on income …
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We document a large increase in the cyclicality of the incomes of high-income households, coinciding with the rise in … their share of aggregate income. In the U.S., since top income shares began to rise rapidly in the early 1980s, incomes of … those in the top 1 percent of the income distribution have averaged 14 times average income and been 2.4 times more cyclical …
Persistent link: https://www.econbiz.de/10013135402
We document a large increase in the cyclicality of the incomes of high-income households, coinciding with the rise in … their share of aggregate income. In the U.S., since top income shares began to rise rapidly in the early 1980s, incomes of … those in the top 1 percent of the income distribution have averaged 14 times average income and been 2.4 times more cyclical …
Persistent link: https://www.econbiz.de/10012462080
Jenkins and Van Kerm (2006) show how income inequality trends can be explained by income mobility and the equalising … effect of panel-income changes. This paper extends their framework to show explicitly how the distributional effect of panel-income … changes depends on the respective size and distribution of income gains and losses. An application to US data illustrates the …
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