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.