This paper presents a framework for the quantitative analysis of individual income dynamics, mobility and welfare, with … ex-ante identical individuals facing a stochastic income process and market incompleteness implying that they are unable … to insure against persistent shocks to income. We show how the parameters of the income process can be estimated using …

declines--on the order of 40%--in real incomes for both men and women. The brunt of the income decline appears to have been … decline. For most groups, a (conservative) correction for selection into income recipiency explains some, but not all, of the … income decline. For other groups, selection is a potential explanation for the income decline. Perhaps the most persuasive …

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 on data from the Treasury's Individual Income Tax Model for the period …

of the income paid to child laborers in the labor market. Despite being less than foregone earnings, poor families seem …

at which households come out of poverty affects their asset purchase decisions. We provide empirical support for these … hypotheses by examining the causal impact of increases in household income on asset accumulation and energy use in the context of … Mexico's conditional cash transfer program. We find that transfers had a large effect on asset accumulation among the low-income …

impact of the current pandemic on income and poverty to inform the targeting of resources to those most affected and assess … the success of current efforts. We construct new measures of the income distribution and poverty with a lag of only a few …, government policy effectively countered its effects on incomes, leading poverty to fall and low percentiles of income to rise …

height and per capita income. The relationships among income, nutrition, medical care, and height at the individual level … suggest that average height is nonlinearly related to per capita income and that the distribution of income is an important … determinant of average height. Empirical analysis rests on 56 height studies and per capita income estimates for 20 developed or …

Longstanding development issues are revisited in the light of our newly-constructed dataset of poverty measures for … India spanning 60 years, including 20 years since reforms began in earnest in 1991. We find a downward trend in poverty … measures since 1970, with an acceleration post-1991, despite rising inequality. Faster poverty decline came with both higher …

that this is one of the reasons for persistent poverty and very high income inequality in Botswana today. This leaves us …

worsening of various income inequality indexes and we estimate poverty rates and headcounts. We then analyze some of the central …