The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Income Mobility

  • Gary S. Fields
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_2352

Abstract

Income mobility means different things to different people. This article explains the six different mobility concepts used in the literature, reviews the various indices used in the mobility literature to measure these concepts, summarizes the difference the use of different mobility concepts and measures makes in practice, presents the axiomatic approach to income mobility, and discusses a number of other issues that arise in the mobility literature.

Keywords

Absolute mobility Exchange mobility Income mobility Inequality (measurement) Intergenerational income mobility Movement studies Relative mobility Structural mobility Time-independence studies Translation invariance 

JEL Classifications

J62 C43 D31 J3 J6 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Gary S. Fields
    • 1
  1. 1.