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)...

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Bibliografiska uppgifter
Huvudupphovsman: Krebs, Tom
Övriga upphovsmän: Krishna, Pravin, Maloney, William
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/024
Länkar:Full text available on IMF