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Growth, Mobility and Social Welfare. (2018). Van de gaer, Dirk ; Palmisano, Flaviana.
In: SOEPpapers on Multidisciplinary Panel Data Research.
RePEc:diw:diwsop:diw_sp988.

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  25. The unit of observation is the individual. The measure of living standards is equivalized disposable household income, which includes income after transfers and the deduction of income tax and social security contributions. Incomes are expressed in constant 2005 prices, using country and year-specific price indexes and are adjusted for differences in household size, dividing incomes by the square root of household size. They are then expressed in 2005 Purchasing Power Parity. Individuals with zero sampling weights are excluded since our measures are calculated using sample weights designed to make the samples nationally representative. We also exclude individuals with non-positive income. In line with the literature, for each wave, we drop the bottom and top 1% in the income distribution from the sample to eliminate the effect of possible outliers. Table A.1 provides some descriptive statistics about the data.
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  26. Van Kerm, P. (2009). Income Mobility Profiles, Economic Letters, 102, 9395. A Biennial data A.1 Description of the data Apart from the yearly data for the four countries in the main text, the CNEF data also report biennial data for the US. In this Appendix we use biennial data to extend our analysis to all the countries for which income data are available.

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