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We analyse the complex dynamic feedback effects between three life domains – work, health, and family – and the associated implications for inequality of income measured over alternative time periods. Using a rich dynamic microsimulation model of individual life course trajectories parameterised to the UK context, we provide a quantification of the feedback effects, and analyse their impact on income and inequalities over different time horizons.
Authors: Patryk Bronka, Matteo Richiardi and Justin van de Ven