Estimating income mobility in Colombia using maximum entropy econometrics

Income mobility can be viewed as a first-order Markov process, with a matrix of transition probabilities which measure how individuals move from an income status in time t to a new status in time t+1. Direct estimation of transition matrices is difficult, since time series panel data are unavailable...

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Bibliographic Details
Main Authors: Morley, Samuel, Robinson, Sherman, Harris, Rebecca Lee
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 1998
Subjects:
Online Access:https://hdl.handle.net/10568/161222

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