On the variability of income within and across generations

Markus Jantti and Lena Lindahl

Economics Letters, 2012, vol. 117, issue 1, 165-167

Abstract: We examine the association of income variability both within and across generations based on a heterogeneous growth model of permanent and transitory income in Sweden. Non-parametric regressions reveal that income variability is strongly associated with long-run levels of income, especially for low- and high-income earners, and that it is also strongly associated across generations.

Keywords: Intergenerational mobility; Income variability; Long-run income (search for similar items in EconPapers)
JEL-codes: C14 D31 D63 J62 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:1:p:165-167

DOI: 10.1016/j.econlet.2012.05.007

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