Why Did Britain's Households Get Richer? Decomposing UK Household Income Growth between 1968 and 2008-09

Why Did Britain's Households Get Richer? Decomposing UK Household Income Growth between 1968 and 2008-09
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为什么英国家庭变得更加富裕?

DOI:
10.2139/ssrn.2659213
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发表时间:
2011
期刊:
ERN: Social Conditions (Topic)
影响因子:
--
通讯作者:
Liam Wren
Liam Wren
中科院分区:
--
文献类型:
--
作者:
M. Brewer;Liam Wren

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 Average real UK household income has almost doubled over the past forty years. With four decades of micro-data on household incomes, and relatively simple decomposition methods, we document the contribution to this growth in the mean net household income of working-age households from different income sources, and break down further changes in employment income by household member and into separate participation, hours and hourly wage effects. We also perform such analyses for the mean income of the richest working-age households, and among a group defined by having a low household income but a strong connection to the labour market.