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, the gender wage gap has kept shrinking. Both individual- and household-level income inequality have continued to rise at … expenditures has remained remarkably stable over time. Income pooling within the family and redistribution by the government have … downturn in fifty years in which inequality in disposable income and consumption actually declined …
Persistent link: https://www.econbiz.de/10014322873
We explore the evolution of income inequality and mobility in the U.S. for a large number of subnational groups defined … by race and ethnicity, using granular statistics describing income distributions, income mobility, and conditional income … find that income inequality and income growth patterns identified from administrative tax records differ in important ways …
Persistent link: https://www.econbiz.de/10014635672
Current Population Survey, the Panel Study of Income Dynamics, the Consumer Expenditure Survey, and the Survey of Consumer … earnings, to disposable income, and, ultimately, to consumption and wealth. We document a continuous and sizable increase in … before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at …
Persistent link: https://www.econbiz.de/10012463166
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/10012464279
simple model of income maximization can account for both phenomena. Results on selection show that migrants for a source …
Persistent link: https://www.econbiz.de/10012464826
The incomes and wages of college-educated Americans have become significantly more dispersed since 1970. This paper attempts to decompose this growing dispersion into three possible sources of growth. The first source, or extensive margin,' is the increasing demographic diversity of people who...
Persistent link: https://www.econbiz.de/10012471938
The estimates are used to assess (1) the usefulness of cross-sectional analyses for measuring the pace of immigrant earnings growth, (2) the labor market implications of admissions policies that place different weights on the work skills possessed by prospective entrants, and (3) the relative...
Persistent link: https://www.econbiz.de/10012476013
Despite the large increase in U.S. income inequality, consumption for families at the 25th and 50th percentiles of … income has grown steadily over the time period 1960-2015. The number of cars per household with below median income has … wage growth of 1 percent per year during 1975-2015. Meaningful growth in consumption for below median income families has …
Persistent link: https://www.econbiz.de/10012455389
subsequently exhibit high income. I re-examine this puzzle in California, where most Asians settled historically. Asians achieved …
Persistent link: https://www.econbiz.de/10012455932
Although military conscription was widespread during most of the past century, credible evidence on the effects of mandatory service is limited. We provide new evidence on the long-term effects of peacetime conscription, using longitudinal data for Portuguese men born in 1967. These men were...
Persistent link: https://www.econbiz.de/10012460963