Income dynamics: background information and methodology
25 Mar 2021
Results from an analysis of the longitudinal survey ‘Understanding Society’, looking at persistent low income and changes in household income.
Income Dynamics (ID) presents information on changes in income over time. Its main findings relate to persistent low income. Individuals are in persistent low income if they are in relative low income for at least three out of four consecutive annual interviews. Analysis of entries into and exits from persistent low income is also included, as well as individual movements within the overall income distribution over time.