Study of Income Dynamics

The Study of Income Dynamics examines how individuals' and families' income changes over time. It looks at factors like employment, education, and economic conditions to understand patterns of income growth or decline. This research helps identify whether people experience stability or fluctuation in their financial well-being across different periods. Understanding these dynamics is important for shaping policies on poverty, social mobility, and economic inequality, ultimately aiming to improve economic security and opportunities for individuals over their lifetimes.