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This paper presents a methodology for comparing income rank volatility profiles over time and across distributions. While most of the existing measures are affected by changes in marginal distributions, this paper proposes a framework that is based on individuals’ relative positions in the...
Persistent link: https://www.econbiz.de/10011747288
This paper studies the age-group-specific evolution of inequality of total income among highly and less educated … percent. The results indicate that increases in inequality particularly burdened the youngest age groups in the bottom 40 …
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Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income but a broader spectrum of dimensions is required to draw the picture of multiple facets of individual life. In our study of multidimensional polarization we extend the income...
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Every year the Census Bureau reports data on income inequality and poverty, based on income estimates derived from the …
Persistent link: https://www.econbiz.de/10013087191
increases in inequality. A substantial literature on the impacts of inequality on economic growth exists, but has failed to … levels of income inequality. This paper departs from that literature by exploring the effect of inequality on the standard of … living of middle-income and low-income families. In the context of rising inequality, increased overall growth is not …
Persistent link: https://www.econbiz.de/10013088972