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Decomposing Wage Inequality Change Using General Equilibrium Models

Abrego, Lisandro; Whalley, John - 2021

This paper presents ex post decomposition analysis of wage inequality change using multi-sector general equilibrium models. The analytical structure used is a specific- factors model of trade, which we calibrate to UK data for the two years 1979 and 1975. We first calibrate our general...

Persistent link: https://www.econbiz.de/10013248534

Accounting for the Black-White Wealth Gap : A Nonparametric Approach

Barsky, Robert; Bound, John; Charles, Kerwin Kofi; … - 2021

This paper notes a potential problem in the method of Blinder and Oaxaca the most popular method in the literature for decomposing the mean difference between groups of a given variable into the portion attributable to differences in the distribution of some explanatory variables and differences...

Persistent link: https://www.econbiz.de/10013246487

A New Framework for the Analysis of Inequality

Cunha, Flavio - 2010

This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...

Persistent link: https://www.econbiz.de/10012760644

Intrahousehold Inequality

Chiappori, Pierre-Andre - 2014

Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intra household...

Persistent link: https://www.econbiz.de/10013052680

Why Measure Inequality?

Kaplow, Louis - 2021

A large body of literature is devoted to the measurement of income inequality, yet little attention is given to the … question, Why measure inequality? However, the reasons for measurement bear importantly on whether and how measurement should … of the sort that are emphasized in the existing measurement literature. Measures of poverty are also considered, and …

Persistent link: https://www.econbiz.de/10013219965

Measuring Welfare and Inequality with Incomplete Price Information

Atkin, David; Faber, Benjamin; Fally, Thibault; … - 2021

We propose and implement a new approach that allows us to estimate income-specific changes in household welfare in contexts where well-measured prices are not available for important subsets of consumption. Using rich but widely available expenditure survey microdata, we show that we can recover...

Persistent link: https://www.econbiz.de/10013310331

Redistribution Through Education and Other Transfer Mechanisms

Hanushek, Eric A.; Leung, Charles Ka Yui; Yilmaz, Kuzey - 2022

Educational subsidies are frequently justified as a method of altering the income distribution. It is thus natural to compare education to other tax-transfer schemes designed to achieve distributional objectives. While equity-efficiency trade-offs are frequently discussed, they are rarely...

Persistent link: https://www.econbiz.de/10013310542

Decomposing the Twin-Peaks in the World Distribution of Output-Per-Worker

Beaudry, Paul; Collard, Fabrice; Green, David A. - 2021

This papers examines changes in the distribution of per-worker-output across countries over the period 1960-98, with a particular focus on identifying the forces behind the hollowing out of the middle of the distribution and the associated emergence of a twin-peaks phenomenon. The main finding...

Persistent link: https://www.econbiz.de/10013235864

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

Parametric Estimations of the World Distribution of Income

Pinkovskiy, Maxim - 2010

We use a parametric method to estimate the income distribution for 191 countries between 1970 and 2006. We estimate the World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and welfare. Using the official $1/day line, we estimate that...

Persistent link: https://www.econbiz.de/10013150544

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