Income Mobility and Welfare /

This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an AR(1)...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Krebs, Tom
Weitere Verfasser: Krishna, Pravin, Maloney, William
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/024
Online Zugang:Full text available on IMF