期刊名称:Dundee Discussion Papers in Economics / Department of Economic Studies, University of Dundee
印刷版ISSN:1473-236X
出版年度:2008
卷号:1
出版社:Dundee University
摘要:The paper employs a rank-dependent formulation of the social welfare function with
time-separable utilities to evaluate the economic consequences of income mobility from
an ex-ante perspective. The resultant class of measures can be decomposed not only in
terms of structural and exchange mobility but also in terms of vertical and horizontal
mobility, thereby encompassing two of the main approaches in the literature. We
illustrate our measurement framework by comparing mobility in the USA and Germany
using data from the Cross-National Equivalent File 1980-2005. We find that the pattern
of income mobility in the USA was both less pro-poor and more horizontally inequitable
than in Germany, but that the latter did not translate into higher levels of exchange
mobility given higher levels of absolute inequality and the vertical stance of the growth
process.
关键词:income mobility, ex-ante welfare analysis, USA, Germany.