This paper concerns the decomposition of income risk into permanent and transitory components using repeated cross … simulation is used to show that this approximation can provide a robust method for decomposing income risk in a nonstationary … growth. We use this approach to investigate the growth in income inequality in the UK in the 1980s. -- income risk …

We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The … approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross … decomposing income risk. The approach is used to investigate the changes in income risk in Britain across the inequality growth …

We develop a new approach to the decomposition of income risk within a non- stationary model of intertemporal choice …. The approach allows for changes in in- come risk over the life cycle and across the business cycle, allowing for mixtures … environment is used to show the robustness of the method for decomposing income risk. The approach is used to investigate the …

This paper concerns the decomposition of income risk into permanent and transitory components using repeated cross … simulation is used to show that this approximation can provide a robust method for decomposing income risk in a nonstationary …

This paper concerns the decomposition of income risk into permanent and transitory components using repeated cross … simulation is used to show that this approximation can provide a robust method for decomposing income risk in a nonstationary …

We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The … approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross … decomposing income risk. The approach is used to investigate the changes in income risk in Britain across the inequality growth …

This paper assesses the accuracy of decomposing income risk into permanent and transitory components using income and … that this approximation can provide a robust method for decomposing income risk. The availability of asset data enables the …

Three determining factors for economic inequality are self-chosen effort, self-chosen risk, and external circumstances … fairness of inequalities due to self-chosen effort and self-chosen risk, however, are lacking. I study a novel experimental … setting where inequality is due to a choice over effort-provision and a choice over risk-taking. While the resulting …