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The principal results of the statistical and econometrical studying of dynamics and factors of income inequality across … investigation have been the 79 subjects of RF. They have been described by variables: (a) population; (b) income per capita (at … average for all population, living at the subject); (c) structure of income: the share of total income, obtained at average of …
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poverty. It shows the prevalence of non-positive incomes in high- and middle-income countries, provides an analysis of the …
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the post-tax income distribution in the US. First, all incomes are cyclical and co-move with the business cycle. Second …, lower and higher income individuals experience significantly larger fluctuations across the business cycle than middle-income … income individuals. With the financial crisis starting in 2009 and its repercussions, the volatilities are again increasing …
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We generalize the canonical permanent-transitory income process to allow for infrequent shocks. The distribution of … income growth rates can then have a discrete mass point at zero and fat tails as observed in income data. We provide … analytical formulas for the unconditional and conditional distributions of income growth rates and higher-order moments. We prove …
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