
Income Volatility in U.S. Households with Children: Another Growing Disparity between the Rich and the Poor?
- Pamela A. Morris, Heather D. Hill, Lisa A. Gennetian, Chris Rodrigues, and Sharon Wolf
- Discussion Paper
- 2015
Inequality describes the extent to which resources or outcomes (e.g., income, wealth, consumption, health, education) are similarly or unevenly distributed among individuals, groups, populations, or societies. Mobility refers to the frequency with which individuals, groups, or populations within a society change social or economic position in areas such as income, wealth, education, occupation, and the like.