Showing 1 - 10 of 95
This paper provides a novel analysis of the trend in income inequality in the United States between 1979-2013. There are two ways in which this paper contributes to the literature. First, I analyze how much of the existing inequality in the U.S. is due to the demographic changes that happened...
Persistent link: https://www.econbiz.de/10011628403
counterparts, then by comparing the true and generated values of the Gini coefficient and other inequality indices. The results …
Persistent link: https://www.econbiz.de/10010284587
-personal inequality. We speculate on the emergence of homoploutic societies where income composition may be the same for all, but Gini …
Persistent link: https://www.econbiz.de/10012305082
We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led...
Persistent link: https://www.econbiz.de/10014467800
This paper uses the data gained from an income categorization experiment for five shapes of income distributions to investigate background context effects, relative deprivation, range-frequency theory to explain background context effects, individual income satisfaction versus aggregate...
Persistent link: https://www.econbiz.de/10010284529
Typical welfare and inequality measures are required to be Lorenz consistent which guarantees that inequality decreases and welfare increases as a result of a progressive transfer. We explore the implications for welfare and inequality measurement of substituting the weaker absolute...
Persistent link: https://www.econbiz.de/10010284885
The match between perception and reality can depend on many different elements across societies over time, but subjective and objective dimensions are both relevant particularly in social class analysis. The aim of this paper is to investigate perceived social position and income inequality in...
Persistent link: https://www.econbiz.de/10011484327
The paper aims to encompass evidence on wage distribution and inequality with micro-mobility measures for several countries in the 2000s, by applying pseudo-panel methodology to microdata from the LIS database. Hence, different paths in term of wage growth or stagnation, increasing or declining...
Persistent link: https://www.econbiz.de/10011484346
The relationship between income inequality and polarization is an empirical fact: a change in equality might occur together with a change in polarization. At the same time, polarization might emerge while inequality remains constant. The outcome of this process entails relevant information about...
Persistent link: https://www.econbiz.de/10010471715
, the Gini index is 2μX − 1, i.e., the normalization of the barycenter, which is in the range [0, 1/2], the concentration … area is μX − 1/2, and the Gini’s mean difference is 4μY (μX − 1/2). The same barycenter-based formulae hold for normalized …
Persistent link: https://www.econbiz.de/10013174492