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Has the Instability of Personal Incomes been Increasing?

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  • Jenkins, Stephen P.

Abstract

This paper examines trends in the instability of personal incomes in Britain in terms of changes in the transitory variance and in volatility, measures that have received much recent attention in research about the USA. It is shown that, although US measures have trended upwards over the past two decades, there is no such trend in Britain between the early-1990s and the mid-2000s. Explanations for these differences are discussed.

Suggested Citation

  • Jenkins, Stephen P., 2011. "Has the Instability of Personal Incomes been Increasing?," National Institute Economic Review, National Institute of Economic and Social Research, vol. 218, pages 33-43, October.
    • Handle: RePEc:cup:nierev:v:218:y:2011:i::p:r33-r43_13
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    Cited by:

    1. Temesgen, Yalfal & Ketema, Mengistu & Ademe, Alelign, 2021. "The Existence and Structure of Rural Households’ Income Mobility: Evidence from Panel Data in Ethiopia (2011-2016)," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 30(01), April.
    2. Brian Bell & Nicholas Bloom & Jack Blundell, 2022. "Income dynamics in the United Kingdom and the impact of the Covid‐19 recession," Quantitative Economics, Econometric Society, vol. 13(4), pages 1849-1878, November.
    3. Silvia Avram & Mike Brewer & Paul Fisher & Laura Fumagalli, 2022. "Household Earnings and Income Volatility in the UK, 2009–2017," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 20(2), pages 345-369, June.

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