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Measuring Income Mobility with Dirty Data (published in Ethnic and Racial Studies, 22(3), May 1999)

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  • Frank A Cowell
  • Christian Schluter
Abstract
We examine the performance of measures of mobility when allowance is made for the possibility of data contamination. We find that 'single-stage' 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 is appropriately specified.

Suggested Citation

  • Frank A Cowell & Christian Schluter, 1998. "Measuring Income Mobility with Dirty Data (published in Ethnic and Racial Studies, 22(3), May 1999)," CASE Papers 016, Centre for Analysis of Social Exclusion, LSE.
    • Handle: RePEc:cep:sticas:016
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    File URL: https://sticerd.lse.ac.uk/dps/case/cp/paper16.pdf
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    References listed on IDEAS

    as
    1. A.B. Atkinson & John Hills, 1998. "Exclusion, Employment and Opportunity," CASE Papers case04, Centre for Analysis of Social Exclusion, LSE.
    2. Cowell, Frank & Schluter, Christian, 1998. "Income mobility : a robust approach," LSE Research Online Documents on Economics 2210, London School of Economics and Political Science, LSE Library.
    3. King, Mervyn A, 1983. "An Index of Inequality: With Applications to Horizontal Equity and Social Mobility," Econometrica, Econometric Society, vol. 51(1), pages 99-115, January.
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    8. Bound, John & Krueger, Alan B, 1991. "The Extent of Measurement Error in Longitudinal Earnings Data: Do Two Wrongs Make a Right?," Journal of Labor Economics, University of Chicago Press, vol. 9(1), pages 1-24, January.
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    10. Cowell, F.A., 2000. "Measurement of inequality," Handbook of Income Distribution, in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 2, pages 87-166, Elsevier.
    11. Maasoumi, Esfandiar & Zandvakili, Sourushe, 1986. "A class of generalized measures of mobility with applications," Economics Letters, Elsevier, vol. 22(1), pages 97-102.
    12. A.B. Atkinson & John Hills, 1998. "Exclusion, Employment and Opportunity," CASE Papers 004, Centre for Analysis of Social Exclusion, LSE.
    13. Geweke, John & Marshall, Robert C & Zarkin, Gary A, 1986. "Mobility Indices in Continuous Time Markov Chains," Econometrica, Econometric Society, vol. 54(6), pages 1407-1423, November.
    14. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
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