𝔖 Bobbio Scriptorium
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SOCIAL WELFARE FUNCTIONS, INCOME DISTRIBUTION AND WELFARE WEIGHTS IN THE UNITED KINGDOM

✍ Scribed by J. S. DODGSON


Book ID
111042132
Publisher
John Wiley and Sons
Year
1980
Tongue
English
Weight
736 KB
Volume
48
Category
Article
ISSN
1463-6786

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✍ Jayasri Dutta; Dr J. A. Sefton; M. R. WEALE πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 156 KB

## Abstract In this paper, we propose a model of income dynamics which takes account of mobility both within and between jobs. The model is a hybrid of the mover‐stayer model of income dynamics and a geometric random walk. In any period, individuals face a discrete probability of β€˜moving’, in which