Burkhauser, Richard; Oshio, Takashi; Rovba, Ludmila - Institute for Social Research (ISR), University of Michigan - 2006
We find that, over their 1990s business cycles, the entire distribution of after-tax household size-adjusted income moved to the right in the United States and Great Britain while inequality declined. In contrast, Germany and Japan had less income growth, a rise in inequality and a decline in...