Showing 1 - 10 of 159
This paper documents, for the first time, municipality- and occupation-level estimates of income inequality between individuals in a European country in the nineteenth century, using a combination of several detailed data sets for Norway in the late 1860s. Urban incomes were on average 4.5 times...
Persistent link: https://www.econbiz.de/10011968612
The standard approach in empirical analyses of income distributions is to estimate income inequality in a country under the assumption of full interpersonal comparability of income. To be meaningful, this method requires that prices and qualities of goods as well as consumption habits are...
Persistent link: https://www.econbiz.de/10011968268
Using newly comprehensive data and tools from the Global Consumption and Income Project or CGIP, covering most of the world and five decades, we present a portrait of the changing global distribution of consumption and income and discuss its implications for our understanding of inequality,...
Persistent link: https://www.econbiz.de/10010516222
This paper introduces a newly constructed Theil index of between-sectoral manufacturing wage inequality and empirically tests whether the measure can serve as a basis for more general statements about the evolution of broader concepts of inequality, as argued by the authors of the University of...
Persistent link: https://www.econbiz.de/10011718170
This paper compares income inequality and income mobility in the Scandinavian countries and the United States during the 1980's. The results demonstrate that inequality is greater in the United States than in the Scandinavian countries and that the ranking of countries with respect to inequality...
Persistent link: https://www.econbiz.de/10011967940
We analyse how inequality of disposable income evolved in Denmark, Finland, Norway and Sweden during the late 1980s and early 1990s when unemployment rose dramatically in all four countries. We find that a standard measure of inequality - the Gini coefficient - was surprisingly stable in all...
Persistent link: https://www.econbiz.de/10011967973
This paper discusses the degree of intertemporal comparability of national estimates of income inequality when data are based on income tax records. The problem of comparability is particular crucial when major tax reforms have taken place and pre- and post-reform income data are used as basis...
Persistent link: https://www.econbiz.de/10011968054
Standard theory of intertemporal choice predicts that people smooth out life-cycle changes in income by borrowing and saving, such that their standard of living in any given year depends more on lifetime income than on that year's income. Yet, contemporary empirical studies of income inequality...
Persistent link: https://www.econbiz.de/10011968496
Martin Ravallion ("Why Don't We See Poverty Convergence?" American Economic Review, 102(1): 504-23; 2012) presents evidence against the existence of proportionate convergence in global poverty rates despite convergence in household mean income levels and the link between income growth and poverty...
Persistent link: https://www.econbiz.de/10011662441
With address to developing countries, this paper derives some formulae for the optimal price structure for publicly provided private goods. A general equilibrium model is examined, which makes it possible to incorporate features like distributional social objectives and public profit constraints...
Persistent link: https://www.econbiz.de/10011967895