Resource title

Measuring income mobility with dirty data

Resource image

image for OpenScout resource :: Measuring income mobility with dirty data

Resource description

We examine the performance of measures of mobility when allowance is made for the possibility of data contamination. We find that “singlestage” indices – those that are applied directly to a sample from a multivariate income distribution – usually prove to be non-robust in the face of contamination. However, “two-stage” models of mobility – where the distribution is first “discretised” into income intervals and then a transition matrix or other tool is applied – may be robust if the first stage if appropriately specified.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

application/pdf

Resource resource URL

http://eprints.lse.ac.uk/2079/1/Measuring_Income_Mobility_with_Dirty_Data.pdf

Resource license