Showing 1 - 10 of 65
well-being in place of measures based on current money income docs change conclusions concerning the extent of poverty in … the United Stales. Using the official federal poverty thresholds. we find that the overall consumption poverty rate was … three percentage points below the income poverty rate in 1988. Comparisons of the poverty rates of the elderly and the non …
Persistent link: https://www.econbiz.de/10012475017
incidence of economic harms during the COVID pandemic. We observe a sharp spike in poverty, peaking during India's sharp but …
Persistent link: https://www.econbiz.de/10012794624
Analyzing the distributional impacts of economic crises is important and, unfortunately, an ever more pressing need. If policymakers are to intervene to help those most adversely impacted, then policymakers need to identify those who have been most harmed and the magnitude of that harm....
Persistent link: https://www.econbiz.de/10012470154
A striking feature of U.S. data on income and consumption is that inequality increases with age. Using both panel data and an equilibrium life cycle model, we argue that this is informative for understanding the importance and the characteristics of idiosyncratic labor market risk. We find that...
Persistent link: https://www.econbiz.de/10012470736
We exploit the changes in the distribution of family income to estimate the effect of parental resources on college education. Our strategy exploits the fact that families at the bottom of the income distribution were much poorer in the 1990s than they were in the 1970s, while the opposite is...
Persistent link: https://www.econbiz.de/10012470752
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/10012471249
Persistent link: https://www.econbiz.de/10012472271
We examine a model in which per capita income, inequality, intergenerational mobility, and returns to education are all determined endogenously. Individuals earn wages depending on their ability, which is a random variable. They purchase an education with transfers received from their parents,...
Persistent link: https://www.econbiz.de/10012472744
We analyze how relative wage movements across birth cohorts and education groups during the 1980s affected the distribution of household consumption. The analysis integrates the labor economics literature on time variation in the wage structure with the consumption insurance literature. In...
Persistent link: https://www.econbiz.de/10012474148
We examine the detailed structure of family income inequality in the United States, Canada, and Australia at various points during the 1980s. In each of these countries we find that income inequality increased among married couple families and that the increases are closely associated with...
Persistent link: https://www.econbiz.de/10012474171