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definition of income. Therefore the model Gini coefficient potentially better describes true behavior of inequality in the USA … are several versions of personal income distribution (PID) provided by the US Census Bureau (US CB) for this period with … people without income. For the PIDs not including persons without income, Gini coefficient is varying around 0.51 between …
Persistent link: https://www.econbiz.de/10005413363
inequality, which are defined by PID. Therefore, these measures of income inequality are only of secondary importance. In all age … portion of population not reporting any income, any comprehensive modeling of the overall personal income distribution (PID …) is complicated. Age-dependent PIDs allow overcoming this shortcoming since the portion of population without income is …
Persistent link: https://www.econbiz.de/10005135137
The average and median income dependence on work experience and time is analyzed and modelled for the USA. The original … data set providing the mean and median income estimates in 10 year long intervals spans a long time period of almost 35 … years – from 1967 to 2003. A microeconomic model linking personal income, population age structure and GDP per capita is …
Persistent link: https://www.econbiz.de/10005413388
Numerical modelling of the personal income distribution (PID) in the USA from 1950 to 2003 is accomplished based on a … microeconomic model for the personal income evolution. It is shown that the overall PID demonstrates the existence of some fixed … hierarchical income distribution structure in the USA. The PIDs normalized to the total population and corrected for the per capita …
Persistent link: https://www.econbiz.de/10005413426
A comprehensive study of the personal income distribution (PID) in the USA is carried out. Principal characteristics of … the PID in USA are established. A microeconomic model of the personal income distribution and evolution with time is … developed. The model balances two processes – individual income earning and dissipation of the income. The model accurately …
Persistent link: https://www.econbiz.de/10005413430
of the duration of the period of mean income growth with work experience, Tcr. The current value of Tcr in the USA is 40 …
Persistent link: https://www.econbiz.de/10005413431
multiresolution analysis, to the measurement of polarization to Israeli income data over the past decade. This methodology allows us … indicator of alienation and identification; the number of income classes and the distribution of the sizes of the groups. The … proposed approach allows us to study polarization beyond mere income class membership, by including ethnic-cultural, individual …
Persistent link: https://www.econbiz.de/10008789859
The personal income distribution (PID) above the Pareto threshold is studied and modeled. A microeconomic model is … proposed to simulate the PID and its evolution below and above the Pareto income threshold. The model balances processes of … income production and dissipation for any person above 15 years of age. The model accurately predicts the observed dependence …
Persistent link: https://www.econbiz.de/10005561861
contribution of vehicle use items to total expenditure inequality decreases over time, thus reflecting the more and more widespread …
Persistent link: https://www.econbiz.de/10008512112
contribution to global inequality of car use items, especially fuels, decreased regularly over time, reflecting the more and more …
Persistent link: https://www.econbiz.de/10008469027