DP2512 Measuring Income Risk

Author(s): Simon Burgess, Karin Gardiner, Stephen P Jenkins, Carol Propper
Publication Date: July 2000
Keyword(s): Contribution Of Demographics To Risk, Income Risk
JEL(s): D12, D31, D84
Programme Areas: Labour Economics, Public Economics
Link to this Page: www.cepr.org/active/publications/discussion_papers/dp.php?dpno=2512

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.