This paper extends the statistical inference approach developed in Beach (2016) to look at income changes over different regions of an income distribution. Specifically, it looks at relative-mean earnings (RME) ratios and mean earnings levels for lower earners, middle-class (MC) workers and...

This paper looks at changes in employment and relative wages of near higher earnings (NHE) workers between middle-class (MC) and higher earners (HE) in Canada over 2000-2015. An approach is also forwarded for evaluating these changes in terms of underlying demand and supply factors. It is found...

This paper investigates the behaviour of estimators based on the Kullback-Leibler information criterion (KLIC), as an alternative to the generalized method of moments (GMM). We first study the estimators in a Monte Carlo simulation model of consumption growth with power utility. Then we compare...