Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/52013 
Year of Publication: 
2011
Series/Report no.: 
IZA Discussion Papers No. 5510
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Assessments of whose income growth is the greatest and whose is the smallest are typically based on comparisons of income changes for income groups (e.g. rich versus poor) or income values (e.g. quantiles). However, income group and quantile composition changes over time because of income mobility. To summarize patterns of income growth while also tracking the fortunes of the same individuals, a longitudinal perspective is required. For this case, we develop dominance conditions and summary indices for comparisons of distributions of individual income growth, together with associated methods of estimation and inference. Using these methods and data from the British Household Panel Survey, we study individual income growth for periods between 1991 and 2005. We show that income growth was significantly more pro-poor in the early years of the Labour government than in earlier Conservative years.
Subjects: 
individual income growth
pro-poor growth
progressive income growth
income mobility
mobility profile
British Household Panel Survey
JEL: 
D31
D63
I32
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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