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constant correction to survey-derived inequality estimates. Underreporting of income by the bottom 50% of the world income … distribution has become particularly important in recent decades. We reconfirm the findings of the literature that global poverty … and inequality have declined dramatically between 1980 and 2019. Finally, we find that within-country inequality is …
Persistent link: https://www.econbiz.de/10014512057
-acting force to the rapid increase in income inequality. Using a political-economy model where parties bargain over taxes and …
Persistent link: https://www.econbiz.de/10013210072
Top income inequality in the United States has increased considerably within occupations. This phenomenon has led to a … search for a common explanation. We instead develop a theory where increases in income inequality originating within a few … provides non-divisible services to consumers, with physicians our prime example. Examining local income inequality across U …
Persistent link: https://www.econbiz.de/10014322754
Heathcote et al. (2010) conducted an empirical analysis of several dimensions of inequality in the United States over …, the gender wage gap has kept shrinking. Both individual- and household-level income inequality have continued to rise at … the top, while the cyclical component of inequality dominates dynamics below the median. Inequality in consumption …
Persistent link: https://www.econbiz.de/10014322873
This paper studies how household inequality shapes the effects of the zero lower bound (ZLB) on nominal interest rates … combine low inflation targets and high levels of wealth inequality …
Persistent link: https://www.econbiz.de/10014287383
The share of pre-tax income flowing to the top of the UK income distribution increased continually and substantially in the three decades leading up to the financial crisis, but has changed little since 2013. Using microdata sampled from UK tax records, we describe the nature of top incomes in...
Persistent link: https://www.econbiz.de/10013210046
We review research on the dynamics and distribution of individual earnings and family income. We start with univariate earnings models, which dominate the literature and are often used as the exogenous component of family income in structural models of saving. We present a version of the linear...
Persistent link: https://www.econbiz.de/10013210123
We explore the evolution of income inequality and mobility in the U.S. for a large number of subnational groups defined … find that income inequality and income growth patterns identified from administrative tax records differ in important ways … illustrate IDDA's relevance for understanding income inequality trends. First, we extend Bayer and Charles (2018) beyond earnings …
Persistent link: https://www.econbiz.de/10014635672
We study the causes of "nutritional inequality": why the wealthy tend to eat more healthfully than the poor in the U …-income households to the same availability and prices experienced by high-income households reduces nutritional inequality by only 9 … inequality that emphasize supply-side factors such as food deserts …
Persistent link: https://www.econbiz.de/10012453619
This paper assesses the current state of evidence on how international trade shapes inequality and poverty through its … trade's contribution to inequality. The paper concludes with a survey of evidence on several policies that could mitigate …
Persistent link: https://www.econbiz.de/10012453835