also examined. The per capita income of households has increased rapidly in the recent years. However, income inequality …, occupational structure, household income, food intake and nutrition, children’s education, and improvement in living standard are … situation has worsened as high-income opportunities are favourable to resource endowed households. As a consequence of increased …

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 …

The fact that happiness does not increase as income increases (Easterlin Paradox) has puzzled a number of scholars for … a number of decades. The latest research on this topic concludes that happiness increases with an increment in income in … the short term but it adapts to this income increment in the long term. What is the Islamic economics explanation for …

We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … in the Gini ratio since 2000. In the youngest age group (from 15 to 24 years), however, the level of income inequality … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes …

-sharing between the two generations, so that poor families experience higher agency costs, therefore inequality persists. …