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Following a methodology proposed by Jantzen and Volpert (2012), we use IRS Adjusted Gross Income (AGI) data for the United States (1921-2012) to estimate two Gini-like indices representing inequality at the bottom and the top of the income distribution. We also calculate the overall Gini index...
Persistent link: https://www.econbiz.de/10013005464
Following a methodology proposed by Jantzen and Volpert (2012), we use IRS Adjusted Gross Income (AGI) data for the United States (1921-2012) to estimate two Gini-like indices representing inequality at the bottom and the top of the income distribution. We also calculate the overall Gini index...
Persistent link: https://www.econbiz.de/10010462516
In this paper we investigate the evolution of income inequality in the United States between 1980 and 2016. We find the drivers to be threefold: changes in the labor force composition, changes in household composition, and changes in market return to skills, with the latter two influences...
Persistent link: https://www.econbiz.de/10012895438
We present a new series for top income concentrations in the United States, using a consistent data construction methodology for the entire range of available data. This is meant to connect efforts that have separately considered pre-1960 and post-1960 inequality measures. Our series improves...
Persistent link: https://www.econbiz.de/10014343887
measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity …
Persistent link: https://www.econbiz.de/10013169954
measurement approach that allows us to target the joint distribution of income and wealth. We show that inequality of opportunity …
Persistent link: https://www.econbiz.de/10013093036
Persistent link: https://www.econbiz.de/10013502940
There is a vast literature on the selection of an appropriate index of income inequality and on what desirable properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent literature on the use of hypothetical statistical...
Persistent link: https://www.econbiz.de/10011773015
variety of biases related to survey design, income measurement and post-survey data adjustments. The paper corrects for …
Persistent link: https://www.econbiz.de/10012931085
U.S. income inequality has risen dramatically in recent decades. Researchers consistently find that greater income inequality measured at the state or national level is associated with diminished subjective well-being (SWB) in the U.S. We conduct the first multi-scale analysis (i.e., at the...
Persistent link: https://www.econbiz.de/10011526744