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. JEL ...

In this paper we explore the application of Generalised Additive Models of Location, Scale and Shape for the analysis of conditional income distributions in Germany following the reunification. We find that conditional income distributions can generally be modelled using the three parameter Dagum distribution and our results hint at an even more pronounced effect of skill-biased technological c...

We estimate intergenerational income mobility in Italy using administrative data from tax returns. Our estimates of are higher than prior work survey and indirect methods. The rankrank slope parent-child is 0.22, compared to 0.18 Denmark 0.34 the United States. probability that a child reaches top quintile national distribution starting family bottom 0.11. uncover substantial geographical varia...

This paper evaluates the role of rising income inequality in explaining observed growth college tuition. We develop a competitive model market, which quality depends on instructional expenditure and average ability admitted students. An innovative feature our is that it allows for continuous distribution quality. find increases US can explain more than half rise net tuition since 1990 has also ...

This paper demonstrates the important link between the incomes and wealth of pensioners and their working-life earnings levels. It uses the combination of detailed income and asset information and working-life history information available in the British Household Panel Survey. The proportionality predicted by a simple “stripped down” form of the life-cycle model is supported for pensioner coup...

We investigate the geometry of finite datasets defined by equilibrium prices, income distributions, and total resources. We show that the equilibrium condition imposes no restrictions if total resources are collinear, a property that is robust to small perturbations. We also show that the set of equilibrium datasets is pathconnected when the equilibrium condition does impose restrictions on dat...

The German Economy is not only affected by the Unification of Germany but by a significant influx of immigrants from abroad and huge migration from East to West Germany around the date of unification. Data from the German Socio-Economic Panel Study (GSOEP) allows to disentangle those effects by decomposition of the Theil I (0)-Index of inequality. In addition, the paper offers insights in the t...

Piezoelectric membranes consisting of sputter deposited PbZrxTi1−xO3 (PZT) films on silicon diaphragms have been investigated for their resonance and piezoelectrical properties, in view of their application as stator of a micromotor. The behavior of resonance frequencies was studied as a function of membrane thickness and dc-bias, in order to derive the total stress in the films and the piezoel...

This paper argues that income inequality has increased in several, but not all, developed countries over the last twenty years. The increase in some countries supports the conclusion that the deregulation of markets, resulting in the concentration of economic power, is the fundamental cause as well as the gross manifestation of inequality of both income and wealth. JEL classifi cation: D30 (Gen...