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Measuring Income Risk

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Author Info
Simon Burgess
Karen Gardiner
Stephen P. Jenkins
Carol Propper

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Abstract

We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors. Empirical evidence supporting our arguments is provided using data from the British Household Survey.

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File URL: http://www.diw.de/documents/publikationen/73/diw_01.c.38646.de/dp213.pdf
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Publisher Info
Paper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number 213.

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Length: 39 p.
Date of creation: 2000
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Handle: RePEc:diw:diwwpp:dp213

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Find related papers by JEL classification:
D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Burkhauser, Richard V, et al, 1990. "Economic Burdens of Marital Disruptions: A Comparison of the United States and the Federal Republic of Germany," Review of Income and Wealth, Blackwell Publishing, vol. 36(4), pages 319-33, December.
  2. Miles, David, 1997. "A Household Level Study of the Determinants of Incomes and Consumption," Economic Journal, Royal Economic Society, vol. 107(440), pages 1-25, January. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

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  2. Yoko Niimi & Puja Vasudeva Dutta & Alan Winters, 2003. "Trade Liberalisation and Poverty Dynamics in Vietnam," PRUS Working Papers 17, Poverty Research Unit at Sussex, University of Sussex. [Downloadable!]
  3. Xavier Ramos & Christian Schluter, 2006. "Subjective Income Expectations and Income Risk," IZA Discussion Papers 1950, Institute for the Study of Labor (IZA). [Downloadable!]
  4. James Banks & Richard Blundell & James P. Smith, 2000. "Wealth inequality in the United States and Great Britain," IFS Working Papers W00/20, Institute for Fiscal Studies. [Downloadable!]
  5. Xavier Ramos & Christian Schluter, 2003. "Subjective Income Expectations, Canonical Models and Income Risk," Working Papers wpdea0310, Department of Applied Economics at Universitat Autonoma of Barcelona. [Downloadable!]
  6. James Banks & Richard Blundell & James P. Smith, 2001. "Financial Wealth Inequality in the United States and Great Britain," Working Papers 01-01, RAND Corporation Publications Department. [Downloadable!]
  7. Morissette, René & Ostrovsky, Yuri, 2005. "Summary Of: The Instability of Family Earnings and Family Income in Canada, 1986 to 1991 and 1996 to 2001," Analytical Studies Branch Research Paper Series 2005266e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  8. Morissette, René & Ostrovsky, Yuri, 2005. "The Instability of Family Earnings and Family Income in Canada, 1986 to 1991 and 1996 to 2001," Analytical Studies Branch Research Paper Series 2005265e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  9. James Banks & Richard Blundell & James P. Smith, 2004. "Understanding Differences in Household Financial Wealth between the United States and Great Britain," Labor and Demography 0403028, EconWPA. [Downloadable!]
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