Policy analysis frequently requires estimates of aggregate (or mean) consumer elasticities. However, estimates are often made incorrectly, based on elasticity calculations at mean income. We provide in this paper an overall integrated analytical framework that encompasses these biases and...

We examine the effect of income inequality on individual self-rated health status in a pooled sample of 10 member states of the European Union using longitudinal data from the European Community Household Panel (ECHP) survey. Taking advantage of the longitudinal and cross-national nature of our...

At each stage of the life course, people experience different economic situations. Retired people, for example, draw the majority of their incomes from the pension system rather than the labour market. Using Survey of Consumer Finances cross-sectional data from 1973 to 1996, this paper examines...

This paper examines variation in old-age income inequality between industrialized nations with modern welfare systems. The analysis of income inequality across countries with different retirement income systems provides a perspective on public pension policy choices and designs and their...

Recently, much attention has been given to income inequality in industrialized societies, in part because of the empirical evidence linking high levels of income inequality with high mortality, morbidity and other social ills (Wilkinson, 1996). Analyses of these relations originally focused on...

While there is a general consensus that income inequality has increased in most developed countries over the last two decades, the analytical focus has been at the national scale. However, these increases in inequality have not been uniform across different segments of society, either in terms...