not boost income relative to job stayers. The exception from this Russian labor market rule is formed by the small group … large region specific and branch related income disparities. …

This paper establishes new evidence on the cyclical behaviour of household income risk in Great Britain and assesses … Panel Survey (1991-2008) by decomposing stochastic idiosyncratic income into its transitory, persistent and fixed components …. We then estimate how income risk, measured by the variance and the skewness of the probability distribution of shocks to …

This paper examines the relationship between idiosyncratic risk in labour income and fluctuations in aggregate labour … BHPS sub-sample of Understanding Society for 2010-2014. We measure idiosyncratic risk in labour income by the relevant …

While there is now something of a consensus in the literature on the economics of happiness that income comparisons to … others help determine subjective wellbeing, debate continues over the relative importance of own and reference-group income … regarding happiness analysis, and in particular with respect to the measurement of reference-group income. We here use data from …

We extend the canonical income process with persistent and transitory risk to shock distributions with left …-skewness and excess kurtosis, to which we refer as higherorder risk. We estimate our extended income process by GMM for household …

We extend the canonical income process with persistent and transitory risk to shock distributions with left …-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income process by GMM for household …

-cycle insurance impact is much smaller. At the mean, a positive hours shock of one standard deviation raises life-time income by 10 …

-cycle insurance impact is much smaller. At the mean, a positive hours shock of one standard deviation raises life-time income by 10 …