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utilitarian social welfare function yields a simple welfare measure which comprises both GDP and income inequality as measured by …
Persistent link: https://www.econbiz.de/10011845317
This paper aims at measuring and analysing for the first time inequality in the distribution of expenditures among … decomposition of the Gini index through Shapley's approach, within-group inequality is greater than between-group inequality. These …
Persistent link: https://www.econbiz.de/10010434565
independent variables in a well-balanced panel data set, which is then analyzed to see the impact of changing levels of …
Persistent link: https://www.econbiz.de/10014290902
which changes in cross-sectional earnings inequality reflect transitory or permanent components of individual lifecycle … earnings variation. Increases in inequality reflect increases in permanent differentials in four countries and increases in … both components in two. Decreases in inequality reflect decreases in transitory differentials in four countries, in …
Persistent link: https://www.econbiz.de/10011635028
inequality in Germany. We believe that it is important to be precise in the way in which we define the inequality measure and the … administrative data from the IAB and panel survey data from SOEP, we show that some of the conventional wisdom on recent trends on … income inequality in Germany does not seem to find strong support in the data. In particular, we find that current low levels …
Persistent link: https://www.econbiz.de/10011487003
The interest in the level of global inequality has surged in recent years. This paper complements existing estimates of … global inequality by providing the first estimates of the level of bipolarization of the global income distribution. During … 'absolute' measures. The results mirror trends in global inequality over the same period. …
Persistent link: https://www.econbiz.de/10011777701
In this paper, we demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in … inequality over time are due to changes in the age structure. To this end, we use administrative data on earnings for every male … Norwegian during 1967-2000. We find that the substantial rise in earnings inequality over the 1980s and into the early 1990s, is …
Persistent link: https://www.econbiz.de/10008697505
This paper analyzes the microeconomic sources of wage inequality in the United States from 1967-2012. Decomposing … inequality into factors categorized by degree of personal responsibility, we find that education is able to explain more than … twice as much of inequality today as 45 years ago. However, neither hours worked nor education, industry, marital status, or …
Persistent link: https://www.econbiz.de/10010409801
We demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in inequality over time are … inequality since the early 1980s is driven by the large baby boom cohorts approaching the peak of the age{earnings profile. Using … trend in inequality is highly sensitive to the method used: while the most widely used age-adjusted inequality measure …
Persistent link: https://www.econbiz.de/10014197354
Recent insights from the philosopher Larry Temkin have suggested a new basis for the measurement of income inequality …
Persistent link: https://www.econbiz.de/10012751548