Factor Mobility and Income Growth: Two Convergence Hypotheses

Income Convergence In Iranian Regions

www.econstor.eu TRENDS IN INCOME INEQUALITY, PRO-POOR INCOME GROWTH AND INCOME MOBILITY

We provide an analytical framework within which changes in income inequality over time are related to the pattern of income growth across the income range, and the reshuffling of individuals in the income pecking order. We use it to explain how it was possible both for ‘the poor’ to have fared badly relatively to ‘the rich’ in the USA during the 1980s (when income inequality grew substantially)...

Trends in income inequality, pro-poor income growth and income mobility

We provide an analytical framework within which changes in income inequality over time are related to the pattern of income growth across the income range, and the reshuffling of individuals in the income pecking order. We use it to explain how it was possible both for ‘the poor’ to have fared badly relatively to ‘the rich’ in the USA during the 1980s (when income inequality grew substantially)...

Inequality , Income Growth , and Mobility : The Basic Facts

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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) component representing persistent changes in income. We use a tractable consumption-saving model...