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Inequality and the Measurement of Residential Segregation by Income in American Neighborhoods

Watson, Tara - 2021

American metropolitan areas have experienced rising residential segregation by income since 1970. One potential … presents a measure of residential segregation by income, the Centile Gap Index (CGI) which is based on income percentiles …. Using the CGI, I find that a one standard deviation increase in income inequality raises residential segregation by income …

Persistent link: https://www.econbiz.de/10013236829

Housing Subsidies : Effects on Housing Decisions, Efficiency, and Equity

Rosen, Harvey S. - 2021

This paper surveys the effects of two of the most important federal policies toward housing: the "implicit subsidy" for …

Persistent link: https://www.econbiz.de/10013243653

Mortgage Default and Low Downpayment Loans : The Costs of Public Subsidy

Deng, Yongheng - 2010

This paper presents a unified model of the default and prepayment behavior of homeowners in a proportional hazard framework. The model uses the option-based approach to analyze default and prepayment and considers these two interdependent hazards as competing risks. The results indicate the...

Persistent link: https://www.econbiz.de/10012763726

Another Look at the Capitalization of Interest Subsidies : Evidence from Sweden

Berger, Tommy - 2008

We analyze by far the most extensive data base yet employed in estimating capitalizationquot; of below-market interest rates into asset prices: nearly 300,000 sales of owner-occupied homes inquot; Sweden from 1981 to 1993 with 40,000 including government subsidized interest rates. Ourquot;...

Persistent link: https://www.econbiz.de/10012774912

Education, Income Distribution and Growth : The Local Connection

Bénabou, Roland - 2021

This paper develops a simple model of human capital accumulation and community formation by heterogeneous families, which provides an integrated framework for analyzing the local determinants of inequality and growth. Five main conclusions emerge. First, minor differences in education...

Persistent link: https://www.econbiz.de/10013247651

Real Wage Inequality

Moretti, Enrico - 2010

A large literature has documented a significant increase in the difference between the wage of college graduates and high school graduates over the past 30 years. I show that from 1980 to 2000, college graduates have experienced relatively larger increases in cost of living, because they have...

Persistent link: https://www.econbiz.de/10012758329

The Distributional Effects of Medicare

Lee, Julie Anne; McClellan, Mark B.; Skinner, Jonathan - 2021

The Medicare program is now an important source of transfers to elderly and disabled beneficiaries, and will continue to grow rapidly in the future. Because the Medicare program is so large in magnitude, it can have significant redistributional effects. In this paper, we measure the flow of...

Persistent link: https://www.econbiz.de/10013313769

Inequality of Subjective Well-Being as a Comprehensive Measure of Inequality

Goff, Leonard - 2016

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 among individuals. Its correlation with both...

Persistent link: https://www.econbiz.de/10013000535

Global Inequality Dynamics : New Findings from Wid.World

Alvaredo, Facundo - 2017

This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID.world), with particular emphasis on the contrast between the trends observed in the United States, China, France, and the United Kingdom. We observe rising top income and wealth shares...

Persistent link: https://www.econbiz.de/10012963762

The Impact of Trade on Inequality in Developing Countries

Pavcnik, Nina - 2017

This paper assesses the current state of evidence on how international trade shapes inequality and poverty through its influence on earnings and employment opportunities. While the focus is mainly on developing countries, in part because we have more evidence in that context, the discussion...

Persistent link: https://www.econbiz.de/10012946491