Inequality and Mobility of Household Incomes in Europe: Evidence from the ECHP

Abstract: In this paper I want to shed light on two aspects of income mobility: relative total income mobility using the estimator by Fields and Ok [1999] and equalization of long-run incomes measured by the index of Fields [2004]. The cross countrycomparison shows a negative relationship between to...

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Bibliographische Detailangaben
Link(s) zu Dokument(en):IHS Publikation
1. Verfasser: Riener, Gerhard
Format: IHS Series NonPeerReviewed
Sprache:Englisch
Veröffentlicht: Institut für Höhere Studien 2006
Beschreibung
Zusammenfassung:Abstract: In this paper I want to shed light on two aspects of income mobility: relative total income mobility using the estimator by Fields and Ok [1999] and equalization of long-run incomes measured by the index of Fields [2004]. The cross countrycomparison shows a negative relationship between total relative mobility and long-run income equalization, this results is contrary to the intuition given by Shorrocks [1978a] who stated, that higher relative mobility will cause higher equalization of incomes when the accounting period is extended.;