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Using internal and public use March Current Population Survey data, we analyze trends in US income inequality (19752004). Using a multiple imputation approach where values for censored observations are imputed using draws from a Generalized Beta distribution of the Second Kind, we find that the...
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Although the majority of research on US income inequality trends is based on public-use March CPS data, a new wave of research using IRS tax return data reports substantially higher levels of inequality and faster growing trends. We show that these apparently inconsistent estimates are largely...
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Äquivalenzskalen ; Deutschland ; USA ; Einkommensverteilung ; Ungleichheit ; Armut … inequality and the incidence of poverty are greater in the United States than in Germany. Overall inequality and poverty levels … different results from those using all other scales with respect to the relative income and poverty levels of vulnerable groups …
Persistent link: https://www.econbiz.de/10009667623
Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in … poverty rates. They can cost some low-income workers their jobs. And most minimum wage earners who gain from a higher minimum … wage do not live in poor (or near-poor) families. A better tool for reducing poverty, and at lower cost, is the earned …
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The cross-national intragenerational income mobility literature assumes within-country mobility is invariant over the period measured. We argue that a great social transformation - German reunification - abruptly and permanently altered economic mobility. Using standard measures of mobility...
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