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Has the instability of personal incomes been increasing?

Jenkins, Stephen P. (2011) Has the instability of personal incomes been increasing? National institute economic review, 218 (1). R33-R43. ISSN 0027-9501

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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.

Item Type: Article
Official URL: http://ner.sagepub.com/
Additional Information: © 2011 National Institute of Economic and Social Research
Uncontrolled Keywords: ISI, British Household Panel Survey, income instability, income risk, income volatility, longitudinal data, transitory variance
Library of Congress subject classification: D History General and Old World > DA Great Britain
H Social Sciences > HC Economic History and Conditions
Journal of Economic Literature Classification System: D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions
Sets: Departments > Social Policy
Collections > Economists Online
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Rights: http://www.lse.ac.uk/library/rights/LSERO.htm
URL: http://eprints.lse.ac.uk/39727/

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