The standard approach in empirical analyses of income distributions is to estimate income inequality in a country under … paper, we pursue two alternative approaches to measure inequality under restricted interpersonal comparability of income … indicates that both levels and trends in overall inequality as well as the inequality contributions of various income factors …

, contemporary empirical studies of income inequality are typically based on observations of income for one or a few years. This … inequality in current and lifetime income. We apply these results to assess the role of so-called life-cycle bias in empirical … analysis of income inequality that uses current income variables as proxies for lifetime income. Our results suggest that …