Income risk, income mobility and welfare

This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an AR(1)...

Full description

Autores:

Krebs, Tom
Krishna, Pravin
Maloney, William Francis

Tipo de recurso:

Work document

Fecha de publicación:

2013

Institución:

Universidad de los Andes

Repositorio:

Séneca: repositorio Uniandes

Idioma:

eng

OAI Identifier:

oai:repositorio.uniandes.edu.co:1992/8378

Acceso en línea:

http://hdl.handle.net/1992/8378

Palabra clave:

Income mobility
Labor market risk
Social welfare
Distribución del ingreso
Movilidad social
Bienestar social
J6, E2, D31, I32

Rights

openAccess

License

http://creativecommons.org/licenses/by-nc-nd/4.0/