Creedy, John; Wilhelm, Mark - In: Australian Economic Papers 41 (2002) 2, pp. 140-50
It is often argued that an observation of rising annual income inequality need not have negative normative implications …. The argument is that if there has been a sufficiently large simultaneous increase in mobility, the inequality of income … measured over a longer time period can be lower despite the rise in annual inequality. In this paper, it is shown by example …