Publication type
ISER Working Paper Series
Series Number
2009-30
Series
ISER Working Paper Series
Author
Publication date
December 9, 2009
Abstract:
A modelling framework is developed for describing income-age trajectories that is useful for summarizing not only the average profile for a group of individuals with similar characteristics, but also how individual trajectories differ from the group average. Using data from waves 1-17 of the British Household Panel Survey, the model is estimated separately for twelve groups of individuals differentiated in terms of educational qualifications, birth cohort and sex. The results indicate significant differences in the shapes of average trajectories across groups, and substantial variations in trajectories across individuals within groups.
Subjects
Notes
working paper
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