() and Lena Lindahl
Markus Jäntti: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
Lena Lindahl: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
Abstract: We examine the association of income variability both within and across generations based on a heterogeneous growth model of permanent and transitory income in Sweden. Non-parametric regressions reveal that income variability is strongly associated with long-run levels of income, especially for low- and high income earners, and that it is also strongly associated across generations.
12 pages, February 8, 2012
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