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Inequality Within Countries is Falling : Underreporting-Robust Estimates of World Poverty, Inequality and the Global Distribution of Income
Pinkovskiy, Maxim; Sala-i-Martin, Xavier; … - National Bureau of Economic Research - 2024
Household surveys suffer from persistent and growing underreporting. We propose a novel procedure to adjust reported survey incomes for underreporting by estimating a model of misreporting whose main parameter of interest is the elasticity of regional national accounts income to regional survey...
Persistent link: https://www.econbiz.de/10014512057
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More Unequal We Stand? : Inequality Dynamics in the United States 1967-2021
Heathcote, Jonathan; Perri, Fabrizio; Violante, Giovanni L. - National Bureau of Economic Research - 2023
Heathcote et al. (2010) conducted an empirical analysis of several dimensions of inequality in the United States over the years 1967-2006, using publicly-available survey data. This paper expands the analysis, and extends it to 2021. We find that since the early 2000s, the college wage premium...
Persistent link: https://www.econbiz.de/10014322873
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Is There Really an Inflation Tax? Not For the Middle Class and the Ultra-Wealthy
Wolff, Edward N. - National Bureau of Economic Research - 2023
One hallmark of U.S. monetary policy since the early 1980s has been moderation in inflation (at least, until recently …). How has this affected household well-being? The paper first develops a new model to address this issue. The inflation tax … long as inflation is positive). The inflation gain on household wealth is the revaluation resulting from asset price …
Persistent link: https://www.econbiz.de/10014421200
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Some Evidence on the Importance of Sticky Wages
Barattieri, Alessandro - 2010
The main results of the analysis are as follows. 1) After correcting for measurement error, wages appear to be very … wage change is positively correlated with the unemployment rate and with the consumer price inflation rate …
Persistent link: https://www.econbiz.de/10012462526
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Using Tax Data to Better Capture Top Incomes in Official UK Income Inequality Statistics
Webber, Dominic - 2020
This paper presents new research and analysis to develop a methodology for improving the measurement of the upper tail …
Persistent link: https://www.econbiz.de/10012481436
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Income Segregation : Up or Down, and for Whom?
Logan, John R. - 2020
Reports of rising income segregation have been brought into question by the observation that post-2000 estimates are upwardly biased due to a reduction in the sample sizes on which they are based. Recent studies have offered estimates of this "sample-count" bias using public data. We show here...
Persistent link: https://www.econbiz.de/10012482002
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Parametric Estimations of the World Distribution of Income
Pinkovskiy, Maxim - 2009
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/10012463216
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Measuring Labor Earnings Inequality using Public-Use March Current Population Survey Data : The Value of Including Variances and Cell Means When Imputing Topcoded Values
Burkhauser, Richard V. - 2008
Using the Census Bureau's internal March Current Population Surveys (CPS) file, we construct and make available variances and cell means for all topcoded income values in the public-use version of these data. We then provide a procedure that allows researchers with access only to the public-use...
Persistent link: https://www.econbiz.de/10012464189
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Consistent Cell Means for Topcoded Incomes in the Public Use March CPS (1976-2007)
Larrimore, Jeff - 2008
Using the internal March CPS, we create and in this paper distribute to the larger research community a cell mean series that provides the mean of all income values above the topcode for any income source of any individual in the public use March CPS that has been topcoded since 1976. We also...
Persistent link: https://www.econbiz.de/10012464708
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A New Framework for the Analysis of Inequality
Cunha, Flavio - 2006
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/10012466145