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Abstract for:

Measuring Income Risk

Simon Burgess,  Karen Gardiner,  Stephen P Jenkins,  Carol Propper,  June 2000
Paper No' CASE 040: Full paper (pdf)
Tags: employment and income; income inequalities; tax, benefits and pensions; pensions; wealth and social mobility; intergenerational and social mobility; income risk; demographics; panel data

Abstract:

We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors. Empirical evidence supporting our arguments is provided using data from the British Household Survey.