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

Gerhard Riener

No 195, Economics Series from Institute for Advanced Studies

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 country comparison 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.

Keywords: Income distribution; Economic mobility; Inequality (search for similar items in EconPapers)
JEL-codes: J30 D63 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eec
Date: 2006-09
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