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In the last quarter century, wage inequality has increased dramatically in the United States. At the same time, the United States has become more integrated into the world economy, relative prices of final goods have changed, the capital stock has more than doubled, and the labor force has...
Persistent link: https://www.econbiz.de/10005526274
Persistent link: https://www.econbiz.de/10005387253
This paper sheds new light on the interactions between business cycles and the consumption distribution. We use … Consumer Expenditure Survey data and a factor model to characterize the cyclical dynamics of the consumption distribution. We … first establish that our approach is able to closely match business cycle fluctuations of consumption from the National …
Persistent link: https://www.econbiz.de/10011189147
We present evidence that the recent African growth renaissance has reached Africa’s poor. Using survey data on African income distributions and national accounts GDP, we estimate income distributions, poverty rates, and inequality indices for African countries for the period 1990-2011. Our...
Persistent link: https://www.econbiz.de/10010890132
We investigate the pattern of educational assortative mating, its evolution over time, and its impact on household income inequality. To these ends, we use rich data from the United States and Norway over the period 1980-2007. We find evidence of positive assortative mating at all levels of...
Persistent link: https://www.econbiz.de/10010884928
mean income or consumption derived from household surveys better proxy for true income per capita. We propose a data …
Persistent link: https://www.econbiz.de/10010762560
Remarks at Queens Chamber of Commerce and Queens Economic Development Corporation, Flushing, New York City.
Persistent link: https://www.econbiz.de/10010724943
Remarks before the Bronx Chamber of Commerce at the New York Botanical Garden, Bronx, New York.
Persistent link: https://www.econbiz.de/10010724974
Remarks at Fordham University's Gabelli School of Business, Bronx, New York.
Persistent link: https://www.econbiz.de/10010724994
Remarks by President Dudley at the Foreign Policy Association Corporate Dinner, New York City.
Persistent link: https://www.econbiz.de/10010724999