Income Mobility and Welfare [PDF]
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.
Tom Krebs+2 more
openaire +6 more sources
Income Risk, Income Mobility and Welfare [PDF]
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, component representing measurement error or transitory income shocks and an Autoregressive (AR(1)) component representing persistent changes in ...
Pravin Krishna+5 more
openaire +4 more sources
Are Fairness Perceptions Shaped by Income Inequality? Evidence from Latin America [PDF]
A common assumption in the literature is that the level of income inequality shapes individuals' beliefs about whether the income distribution is fair (``fairness views,'' for short). However, individuals do not directly observe income inequality (which often leads to large misperceptions), nor do they consider all inequities to be unfair.
arxiv +1 more source
Intergenerational Income Mobility and Income Taxation [PDF]
We study the impact of income taxation on intergenerational income correlation. We estimate a life cycle dynastic model and conduct counterfactual analysis to observe the effects of various tax regimes. Compared to a no tax environment, a flat tax regime reduces the correlation only by one percentage points.
Musab Kurnaz, Mehmet A. Soytas
openaire +3 more sources
Modeling International Mobility using Roaming Cell Phone Traces during COVID-19 Pandemic [PDF]
Most of the studies related to human mobility are focused on intra-country mobility. However, there are many scenarios (e.g., spreading diseases, migration) in which timely data on international commuters are vital. Mobile phones represent a unique opportunity to monitor international mobility flows in a timely manner and with proper spatial ...
arxiv +1 more source
Mobility and Income Distribution
AbstractThis article presents a model for income distribution among factors of production in the context of a globalised economy. Previous models are most often static and do not take into account the geographical location of the factors of production nor the mobility costs that result.
Piluso, Nicolas+3 more
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Missing poor and income mobility [PDF]
Higher mortality among the poor leads to selection biases in poverty measures. Whereas existing attempts to deal with the "missing poor" problem assume the absence of income mobility and assign to the prematurely dead a …ctitious income equal to the last income enjoyed, this paper relaxes that assumption in order to study the impact of income mobility
Lefebvre, Mathieu+2 more
openaire +5 more sources
COVID-19 is linked to changes in the time-space dimension of human mobility [PDF]
Socio-economic constructs and urban topology are crucial drivers of human mobility patterns. During the coronavirus disease 2019 pandemic, these patterns were reshaped in their components: the spatial dimension represented by the daily travelled distance, and the temporal dimension expressed as the synchronization time of commuting routines.
arxiv +1 more source
Quantifying relation between mobility patterns and socioeconomic status of dockless sharing-bike users [PDF]
Bikes are among the healthiest, greenest, and most affordable means of transportation for a better future city, but mobility patterns of riders with different income were rarely studied due to limitations on collecting data. Newly emergent dockless bike-sharing platforms that record detailed information regarding each trip provide us a unique ...
arxiv +1 more source
Income inequality and mobility in geometric Brownian motion with stochastic resetting: theoretical results and empirical evidence of non-ergodicity [PDF]
We explore the role of non-ergodicity in the relationship between income inequality, the extent of concentration in the income distribution, and mobility, the feasibility of an individual to change their position in the income distribution. For this purpose, we explore the properties of an established model for income growth that includes "resetting ...
arxiv +1 more source