Previous projections of poverty have had to make implicit assumptions, often unstated, about the future growth of transfers, the target efficiency of these transfers, and their impact on the labor supply of the poor. This paper develops a methodology that takes these factors explicitly into...

By 1989 the Michigan Panel Study on Income Dynamics (PSID) had experimented approximately 50 percent sample loss from cumulative attrition from its initial 1968 membership We study the effect of this attrition on the unconditional distributions of several socioeconomic variables and on the...

This paper presents a framework for the evaluation and measurement of "reversal" and "origin independence" as separate aspects of economic mobility. We show that evaluation depends on aversion to multi-period inequality, aversion to inter-temporal fluctuations, and aversion to future risk. We...

This chapter reviews the evidence on cross-national comparisons of annual disposable income inequality in over 20 wealthy nations. We begin by reviewing a number of conceptual and measurement issues which must be addressed by any cross-national comparison of survey-based household income data....

We derive the efficiency loss from using grouped data to estimate coefficients of variables that vary across groups but not individuals within a group (e.g., state unemployment rates) when micro data are unavailable on the dependent variable. We present an empirical example of our theoretical...