Showing 1 - 10 of 23
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to disentangle the policy effect from changing market incomes. Over the period 1979-2007, the cumulative policy effect aggravated inequality by increasing the income share of the top...
Persistent link: https://www.econbiz.de/10010957610
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows us to disentangle the direct policy effect from the effect of changing market incomes. Over the whole period 1979-2007 the cumulative tax policy effect aggravated income inequality...
Persistent link: https://www.econbiz.de/10011085100
While measurement error in the dependent variable does not lead to bias in some well-known cases, with a binary dependent variable the bias can be pronounced. In binary choice, Hausman, Abrevaya and Scott-Morton (1998) show that the marginal effects in the observed data differ from the true ones...
Persistent link: https://www.econbiz.de/10010951180
High rates of understatement are found for many government transfer programs and in many datasets. This understatement has major implications for our understanding of economic well-being and the effects of transfer programs. We provide estimates of the extent of under-reporting for ten transfer...
Persistent link: https://www.econbiz.de/10005061541
Using longitudinal data for 1968-2009 for male household heads, we determine the prevalence of pre- retirement age disability and its association with a wide range of outcomes, including earnings, income, and consumption. We then employ some of these quantities in the optimal social insurance...
Persistent link: https://www.econbiz.de/10010796715
This paper examines the quality of data collected in the Consumer Expenditure (CE) Survey, which is the source for the Consumer Price Index weights and is the main source of U.S. consumption microdata. We compare reported spending on a large number of categories of goods and services to...
Persistent link: https://www.econbiz.de/10011271446
We discuss poverty measurement, focusing on two alternatives to the current official measure: consumption poverty, and … the Census Bureau's new Supplemental Poverty Measure (SPM) that was released for the first time last year. The SPM has … advantages over the official poverty measure, including a more defensible adjustment for family size and composition, an expanded …
Persistent link: https://www.econbiz.de/10010611175
Movements in and out of poverty are of core interest to both policymakers and economists. Yet the panel data needed to … analyze such movements are rare. In this paper we build on the methodology used to construct poverty maps to show how repeated … cross-sections of household survey data can allow inferences to be made about movements in and out of poverty. We illustrate …
Persistent link: https://www.econbiz.de/10010753707
In the U.S., analyses of poverty rates and the effects of anti-poverty programs rely almost exclusively on income data … consumption. Measures of overall and sub-group poverty also sharply differ. In addition to examining broader populations and a …
Persistent link: https://www.econbiz.de/10005777994
This paper investigates how material well-being has changed over time for those at the bottom of the distributions of income and consumption. We document the sharp differences between recent trends in measured income and consumption, focusing on families headed by a single mother. Since the...
Persistent link: https://www.econbiz.de/10005050115