Showing 1 - 10 of 523
Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as … inequality for 14 ancient, pre-industrial societies using what are known as social tables, stretching from the Roman Empire 14 AD … applies two new concepts in making those assessments -- what we call the inequality possibility frontier and the inequality …
Persistent link: https://www.econbiz.de/10014223115
This paper studies the relationship between political conflict and economic growth in a simple model of endogenous growth with distributive conflicts. We study both the case of two "classes" (workers and capitalists) and the case of a continuum distribution of agents, characterized by different...
Persistent link: https://www.econbiz.de/10014156810
greater is the inequality of pretax income. Both predictions of the theory are supported by the empirical evidence in cross …
Persistent link: https://www.econbiz.de/10014157873
This paper presents new information on the fraction of adjusted gross income, and of wages and salaries, that is reported by taxpayers in the top one half of one percent of the income distribution. This corresponds to roughly five hundred thousand households in the late 1990s. This paper relies...
Persistent link: https://www.econbiz.de/10014164705
This paper constructs high-frequency and timely income distributions for the United States. We develop a methodology to combine the information contained in high-frequency public data sources—including monthly household and employment surveys, quarterly censuses of employment and wages, and...
Persistent link: https://www.econbiz.de/10014080975
on a variety of measures of income inequality and economic insecurity. Using two different methodological approaches … significantly reduce inequality at the very top of the distribution …
Persistent link: https://www.econbiz.de/10014101795
Inequality in U.S. housing prices and rents both declined in the mid-20th century, even as home-ownership rates rose …. Subsequently, housing-price inequality has risen to pre-War levels, while rent inequality has risen less. Combining both measures …, we see inequality in housing consumption equivalents mirroring patterns in income across both space and time, according …
Persistent link: https://www.econbiz.de/10013000510
The link between happiness and overall inequality is best studied using an index that incorporates different aspects of … inequality, and is measured consistently in different countries. One such index is the degree to which happiness itself varies … corresponding correlation for income inequality. This remains so after allowing for bounded scale reporting, including a purely …
Persistent link: https://www.econbiz.de/10013000535
The sectoral composition of global saving changed dramatically during the last three decades. Whereas in the early 1980s most of global investment was funded by household saving, nowadays nearly two-thirds of global investment is funded by corporate saving. This shift in the sectoral composition...
Persistent link: https://www.econbiz.de/10012963739
This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID …. Long-run wealth inequality dynamics appear to be highly unstable. We stress the need for more democratic transparency on …
Persistent link: https://www.econbiz.de/10012963762