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Global Trends in Income Inequality and Income Dynamics : New Insights from GRID

Guvenen, Fatih; Pistaferri, Luigi; Violante, Giovanni L. - National Bureau of Economic Research - 2022

The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...

Persistent link: https://www.econbiz.de/10013388880

Income inequality and income mobility in the Scandinavian countries compared to the United States

Aaberge, Rolf; Björklund, Anders; Jäntti, Markus; … - 1996

Persistent link: https://www.econbiz.de/10000928588

On the Effects of Monetary Policy Shocks on Income and Consumption Heterogeneity

Chang, Minsu; Schorfheide, Frank - National Bureau of Economic Research - 2024

In this paper we use the functional vector autoregression (VAR) framework of Chang, Chen, and Schorfheide (2024) to study the effects of monetary policy shocks (conventional and informational) on the cross-sectional distribution of U.S. earnings (from the Current Population Survey), consumption,...

Persistent link: https://www.econbiz.de/10014486257

Greed? Profits, Inflation, and Aggregate Demand

Bilbiie, Florin Ovidiu; Känzig, Diego R. - National Bureau of Economic Research - 2023

Amidst the recent resurgence of inflation, this paper investigates the interplay of corporate profits and income … distribution in shaping inflation and aggregate demand within the New Keynesian framework. We derive a novel analytical condition …-demand fluctuations and inflation to be amplified by heterogeneity, profits have to be countercyclical--an implication that is at odds …

Persistent link: https://www.econbiz.de/10014337850

Inequality and Business Cycles

Bilbiie, Florin Ovidiu; Primiceri, Giorgio E.; … - National Bureau of Economic Research - 2023

We quantify the connection between inequality and business cycles in a medium-scale New Keynesian model with tractable household heterogeneity, estimated with aggregate and cross-sectional data. We find that inequality substantially amplifies cyclical fluctuations. The primary source of this...

Persistent link: https://www.econbiz.de/10014372486

Mortality, Income, and Income Inequality Over Time in Britain and the United States

Deaton, Angus - 2001

We investigate age-specific mortality in Britain and the United States since 1950. Neither trends in income nor in income inequality provide plausible explanations. Britain and the US had different patterns of income growth but similar patterns of mortality decline. Patterns of income inequality...

Persistent link: https://www.econbiz.de/10012470184

Income-comparison Attitudes in the US and the UK : Evidence from Discrete-choice Experiments

Shigeoka, Hitoshi - 2016

Economists have long been aware of utility externalities such as a tendency to compare own income with others'. If welfare losses from income comparisons are significant, any governmental interventions that alter such attitudes may have large welfare consequences. We conduct an original online...

Persistent link: https://www.econbiz.de/10012456675

An appraisal of the 1950 census income data

Garvy, George (contributor) - 1958

Persistent link: https://www.econbiz.de/10013336450

The Dynamics of an Aging Population : The Case of Four OECD Countries

Auerbach, Alan J. - 1989

impending demographic changes in Japan, the Federal Republic of Germany, Sweden and the United States. The simulation results …

Persistent link: https://www.econbiz.de/10012476222

Explaining Rising Wage Inequality : Explorations with a Dynamic General Equilibrium Model of Labor Earnings with Heterogeneous Agents

Heckman, James J. - 1998

This paper develops and estimates an overlapping generations general equilibrium model of labor earnings, skill formation and physical capital accumulation with heterogeneous human capital. The model analyzes both schooling choices and post-school on-the-job investment in skills in a framework...

Persistent link: https://www.econbiz.de/10012472434

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