Showing 1 - 10 of 1,070
What impact does inequality have on metropolitan areas? Crime rates are higher in places with more inequality, and … inequality and the growth of both income and population, once we control for the initial distribution of skills. What determines … one third of the variation in income inequality, and that skill inequality is itself explained by historical schooling …
Persistent link: https://www.econbiz.de/10012464228
Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth … significantly higher values than income volatility, the effect being mostly driven by changes in the market value of real estate …
Persistent link: https://www.econbiz.de/10012480471
We analyze a unique data set detailing the financial activities of a drug-selling street gang on a monthly basis over a four-year period in the recent past. The data, originally compiled by the gang leader to aid in managing the organization, contain detailed information on both the sources of...
Persistent link: https://www.econbiz.de/10012472218
This paper explores the power of personality traits both as predictors and as causes of academic and economic success, health, and criminal activity. Measured personality is interpreted as a construct derived from an economic model of preferences, constraints, and information. Evidence is...
Persistent link: https://www.econbiz.de/10012461835
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 …
Persistent link: https://www.econbiz.de/10012471249
In a rare example of an explicit national goal for income distribution besides reducing poverty, China's leadership has … recently committed to expanding the middle-income share--moving to a less polarized "olive-shaped" distribution. Recognizing … the potential trade-offs, the paper asks whether China's experience indicates that income-polarization was a by-product of …
Persistent link: https://www.econbiz.de/10012660061
We review research on the dynamics and distribution of individual earnings and family income. We start with univariate … earnings models, which dominate the literature and are often used as the exogenous component of family income in structural … family income that integrate individual earnings, marriage (accounting for marital sorting), and earnings of a spouse (if …
Persistent link: https://www.econbiz.de/10013210123
Disappointing recent growth rates, the emergence of structurally unfavorable income and employment conditions, and …
Persistent link: https://www.econbiz.de/10012477773
Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age …
Persistent link: https://www.econbiz.de/10012477955
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 …
Persistent link: https://www.econbiz.de/10012478231