This paper attempts to identify macroeconomic factors of income mobility. Explored is the relationship between biannual relative income mobility, the relative change in the unemployment rate and the relative change in GDP. A theoretical model is proposed which provides an explanation of the nature of this relationship. It is then verified using household budget data from the CHER database.
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Length: Date of creation: Feb 2003 Date of revision:
Oct 2003 Publication status: Published in EMERGO - Journal of Transforming Economies and Societies, 2003, vol. 10, no. 3, pp. 32-43 Handle: RePEc:irs:iriswp:2003-01
Note: Revised June 2003, October 2003 Contact details of provider: Postal: B.P. 48, L-4501 Differdange , G.-D. Luxembourg Phone: 00352 / 58 58 55 - 1 Fax: 00352 / 58 55 58 Web page: http://iriss.ceps.lu/ More information through EDIRC
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Find related papers by JEL classification: D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General
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Lillard, Lee A & Willis, Robert J, 1978.
"Dynamic Aspects of Earning Mobility,"
Econometrica,
Econometric Society, vol. 46(5), pages 985-1012, September.
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