Abstract
We propose statistical inference techniques for testing the directional income
mobility. We measure the directional index on income transition matrices about
Italian families from 2004 to 2012, and we derive its asymptotic distribution to
rigorously determine if mobility has changed. Starting from 2006, results show
a prevailing negative mobility, that is the tendency of Italian families to move
towards lower income classes. In particular, we observe negative peaks in the mobility
values in the period 2010-2012, for middle/high income classes, indicating
that Italian families are still suffering the 2008 downturn.
Lingua originale | English |
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pagine (da-a) | 455-466 |
Numero di pagine | 12 |
Rivista | STATISTICA |
Volume | 74 |
Stato di pubblicazione | Pubblicato - 2014 |
Keywords
- Directional mobility index
- income transition matrix
- sampling distribution