Report on Income Variability

Here is an interesting one for those of you working on income and prosperity issues.

Between 2001 and 2002, a large portion of the U.S. population experienced changes in income ratios; however, the extent of upward and downward mobility in income varied substantially among people with different income levels.

Between 2001 and 2002, two-thirds of the U.S. population experienced a change of at least 10 percent in their income ratio --- 37 percent experienced an increase of at least 10 percent and 30 percent saw a decline of at least 10 percent.

Download the working paper here.