Table 7.
Quintile at t−1 | Sum | Quintile Distribution at t
|
||||
---|---|---|---|---|---|---|
Bottom Fifth | Next to Bottom Fifth | Middle Fifth | Next to Top Fifth | Top Fifth | ||
Bottom Fifth | 100 | 67 | 21 | 8 | 3 | 1 |
Next to Bottom Fifth | 100 | 20 | 49 | 22 | 7 | 2 |
Middle Fifth | 100 | 7 | 21 | 44 | 22 | 6 |
Next to Top Fifth | 100 | 4 | 7 | 20 | 47 | 22 |
Top Fifth | 100 | 2 | 3 | 7 | 20 | 69 |
Notes: 477 observations per row