A Nonparametric Analysis of the Shape Dynamics of the US Personal Income Distribution

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ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis A Nonparametric Analysis of the Shape Dynamics of the US Personal Income Distribution by : Feng Zhu

Download or read book A Nonparametric Analysis of the Shape Dynamics of the US Personal Income Distribution written by Feng Zhu and published by . This book was released on 2005 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide stylized facts on the evolving shape dynamics of the US personal income distribution from 1962 to 2000. Based on adaptive kernel density estimation, we propose an adaptive bootstrap test for multimodality. Our results indicate that multimodality has been a predominant feature of the US income distribution. Both the number and location of modes change over time, revealing rich distributional dynamics and strong heterogeneity. Decomposing the sample by age, education, gender and race, all groups exhibit multiple modes and follow distinct distributional patterns. For all groups and for the population as a whole, income distribution improved over the 1960s, 1970s and 1980s, but deteriorated dramatically in the 1990s.

The Distribution of Personal Income

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ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis The Distribution of Personal Income by : T. Paul Schultz

Download or read book The Distribution of Personal Income written by T. Paul Schultz and published by . This book was released on 1965 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Micro-Econometrics

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Publisher : Springer Science & Business Media
ISBN 13 : 0387688412
Total Pages : 789 pages
Book Rating : 4.3/5 (876 download)

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Book Synopsis Micro-Econometrics by : Myoung-jae Lee

Download or read book Micro-Econometrics written by Myoung-jae Lee and published by Springer Science & Business Media. This book was released on 2009-09-28 with total page 789 pages. Available in PDF, EPUB and Kindle. Book excerpt: Up-to-date coverage of most micro-econometric topics; first half parametric, second half semi- (non-) parametric Many empirical examples and tips in applying econometric theories to data Essential ideas and steps shown for most estimators and tests; well-suited for both applied and theoretical readers

Personal Income Distribution

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Publisher : Springer Science & Business Media
ISBN 13 : 9400987609
Total Pages : 225 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Personal Income Distribution by : J.A. Hartog

Download or read book Personal Income Distribution written by J.A. Hartog and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Het is mogelijk dat het orimogelijk is om iets nieuwer enjuister te zeggen, maar over al het geschrevene daalt het stof der tijden neer, en ik peins daarom dat het goed is als er om de 10 jaar een andere een kruis trekt over al die oude dingen, en de wereld-van-vandaag opnieuw uitspreekt 1 met andere woorden.-Louis Paul Boon (1972) 1.1 THE PROBLEM The distribution of labor incomes is a problem with two aspects, each of which has received ample attention in the literature. The first aspect relates to the shape of the frequency distribution of individuals according to their (labor) incomes. Analytical contributions include the so-called stochastic theories of income dis tribution, such as Gibrat's law of proportionate effect, Champernowne's and Rutherford's Markov-chain models, and Pigou's puzzle. The question is, If abil ities are normally distributed, why should the distribution of incomes deviate from this shape? This deviation is the basic fact that these theories explain: in come distributions, whatever the time and place of observation, are positively skewed. 2 CHAPTER 1 The second aspect of the distribution of labor incomes is the problem of wage differentials: why do wages differ, why do all workers not earn the same wage? This question has been a standard problem ever since Adam Smith dealt with it.

The Distribution of Personal Income

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ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Distribution of Personal Income by : United States. Congress. Economic Joint Committee

Download or read book The Distribution of Personal Income written by United States. Congress. Economic Joint Committee and published by . This book was released on 1965 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Income Distribution: Description, measurement, shape, dynamics

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ISBN 13 :
Total Pages : 684 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Income Distribution: Description, measurement, shape, dynamics by : Michael Sattinger

Download or read book Income Distribution: Description, measurement, shape, dynamics written by Michael Sattinger and published by . This book was released on 2001 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: Descripción y medida; La Forma de la distribución; Dinámica.

Knowledge-Based Intelligent Information and Engineering Systems

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Publisher : Springer
ISBN 13 : 3540748296
Total Pages : 1154 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Knowledge-Based Intelligent Information and Engineering Systems by : Bruno Apolloni

Download or read book Knowledge-Based Intelligent Information and Engineering Systems written by Bruno Apolloni and published by Springer. This book was released on 2007-09-14 with total page 1154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation The three volume set LNAI 4692, LNAI 4693, and LNAI 4694, constitute the refereed proceedings of the 11th International Conference on Knowledge-Based Intelligent Information and Engineering Systems, KES 2007, held in Vietri sul Mare, Italy, September 12-14, 2007. The 409 revised papers presented were carefully reviewed and selected from about 1203 submissions. The papers present a wealth of original research results from the field of intelligent information processing in the broadest sense; topics covered in the first volume are artificial neural networks and connectionists systems, fuzzy and neuro-fuzzy systems, evolutionary computation, machine learning and classical AI, agent systems, knowledge based and expert systems, hybrid intelligent systems, miscellaneous intelligent algorithms, intelligent vision and image processing, knowledge management and ontologies, Web intelligence, multimedia, e-learning and teaching, intelligent signal processing, control and robotics, other intelligent systems applications, papers of the experience management and engineering workshop, industrial applications of intelligent systems, as well as information engineering and applications in ubiquotous computing environments.

Dynamics of Economic Well-being

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ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Dynamics of Economic Well-being by : John J. Hisnanick

Download or read book Dynamics of Economic Well-being written by John J. Hisnanick and published by . This book was released on 2004 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Changing Shape of the Nation's Income Distribution, 1947-1998

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ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Changing Shape of the Nation's Income Distribution, 1947-1998 by : Arthur F. Jones

Download or read book The Changing Shape of the Nation's Income Distribution, 1947-1998 written by Arthur F. Jones and published by . This book was released on 2000 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Dynamics of Personal Income Distribution and Inequality in the United States

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Dynamics of Personal Income Distribution and Inequality in the United States by : Ivan Kitov

Download or read book The Dynamics of Personal Income Distribution and Inequality in the United States written by Ivan Kitov and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes. The model relates the evolution of personal income to the individual's capability to earn money, the size of her work instrument, her work experience and aggregate output growth. Our model is calibrated to the single-year population cohorts as well as the personal incomes data in 10- and 5-year age bins available from March Current Population Survey (CPS). We predict the dynamics of personal incomes for every single person in the working-age population in the USA between 1930 and 2011. The model output is then aggregated to construct annual age-dependent and overall personal income distributions (PID) and to compute the Gini ratios. The latter are predicted very accurately - up to 3 decimal places. We show that Gini for people with income is approximately constant since 1930, which is confirmed empirically. Because of the increasing proportion of people with income between 1947 and 1999, the overall Gini reveals a tendency to decline slightly with time. The age-dependent Gini ratios have different trends. For example, the group between 55 and 64 years of age does not demonstrate any decline in the Gini ratio since 2000. In the youngest age group (from 15 to 24 years), however, the level of income inequality increases with time. We also find that in the latter cohort the average income decreases relatively to the age group with the highest mean income. Consequently, each year it is becoming progressively harder for young people to earn a proportional share of the overall income.

Income Distribution in the United States, by Size

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ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Income Distribution in the United States, by Size by : United States. Office of Business Economics

Download or read book Income Distribution in the United States, by Size written by United States. Office of Business Economics and published by . This book was released on 1944 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Comparing Income Distributions

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Publisher : Edward Elgar Publishing
ISBN 13 : 1035307332
Total Pages : 286 pages
Book Rating : 4.0/5 (353 download)

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Book Synopsis Comparing Income Distributions by : John Creedy

Download or read book Comparing Income Distributions written by John Creedy and published by Edward Elgar Publishing. This book was released on 2023-03-02 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparing Income Distributions brings together John Creedy’s recent original research and analyses of income distribution. The book is concerned with both static, or cross-sectional, comparisons, and dynamic aspects of income mobility. The author presents new methods of depicting and measuring income mobility and poverty persistence. Income mobility is explored in terms of individuals’ relative income changes and their positional changes within the distribution.

Hollowing Out: The Channels of Income Polarization in the United States

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Publisher : International Monetary Fund
ISBN 13 : 1484329120
Total Pages : 66 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Hollowing Out: The Channels of Income Polarization in the United States by : Ali Alichi

Download or read book Hollowing Out: The Channels of Income Polarization in the United States written by Ali Alichi and published by International Monetary Fund. This book was released on 2017-11-15 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Data show that middle-income households have continued moving down, and less so up, the income distribution in the United States since the 1970s—a phenomenon that is often referred to as the polarization or “hollowing out” of the income distribution. While the level of income polarization is generally lower in the richer states (i.e., those with higher median household income levels), there have been wide variations in the changes in income polarization over time across states. The paper develops two indices to measure income polarization including a novel hollowing-out index. Another important contribution of the paper is to examine the proximate causes of income polarization. The econometric analysis is done at both state and household levels. The results suggest that technology, measured by job routinization, and international trade, measured by job offshoring, can fully explain the non-trend rise in income polarization, with broadly equal contributions. Household characteristics, including age, education, race, and gender have also been important drivers but with a net countervailing effect on income polarization. This is mainly thanks to the rising education level of households, which has led to better incomes.

A Nonparametric Analysis of the U.S. Earnings Distribution

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ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis A Nonparametric Analysis of the U.S. Earnings Distribution by : Donna K. Ginther

Download or read book A Nonparametric Analysis of the U.S. Earnings Distribution written by Donna K. Ginther and published by . This book was released on 1995 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Guide to Describing the Income Distribution

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Publisher : CreateSpace
ISBN 13 : 9781508433385
Total Pages : 36 pages
Book Rating : 4.4/5 (333 download)

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Book Synopsis A Guide to Describing the Income Distribution by : Congressional Research Service

Download or read book A Guide to Describing the Income Distribution written by Congressional Research Service and published by CreateSpace. This book was released on 2015-02-05 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income in the United States features heavily in congressional discussions about the middle class, program funding and effectiveness, new and existing target groups, government tax revenue, and social mobility, among other topics. Recently, the level and distribution of U.S. income have also been raised in the context of broader macroeconomic issues, such as economic growth. Accordingly, Congress has sought information on the absolute and relative experience of U.S. households, the range of incomes, and their dispersion. Describing the income distribution involves several important choices about the definition of income and the level at which income data are examined. Income can be constructed narrowly (e.g., earnings only) or broadly (e.g., as the sum of earnings, capital gains, government transfers, and other sources); it can be presented in pre-tax status or reflect taxes paid and tax credits received. Income can be presented at the individual level or represent pooled resources among households, families, or tax units. These choices about how to define income affect the magnitude of income indicators and the shape and range of the U.S. income distribution. For this reason, disagreement over the interpretation of income levels and trends frequently centers on how income is defined. This report is a guide to various measures, indicators, and graphics commonly used to describe the U.S. income distribution. It examines the complexities of income measurement, outlines important definitional and data considerations to bear in mind when using and interpreting income statistics, and reviews descriptive statistics commonly used in analysis. It also discusses the Gini index, a popular summary measure of income dispersion and an appendix presents information on additional summary indicators of income dispersion reported annually by the U.S. Census Bureau. The report provides descriptive analysis of the U.S. income distribution to illustrate various concepts and data presentation strategies. This analysis reveals broad trends, but does not provide an exhaustive study of the distribution of income in the United States. Importantly, the report does not explore potential drivers and impacts of changes to the shape and span of the distribution.

Mechanical Model of Personal Income Distribution

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Mechanical Model of Personal Income Distribution by : Ivan Kitov

Download or read book Mechanical Model of Personal Income Distribution written by Ivan Kitov and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is chapter 1 of the book "Economics as Mechanics". It is fully devoted to personal income. A microeconomic model is developed, which accurately predicts the shape of personal income distribution (PID) in the United States and the evolution of the shape over time. The underlying concept is borrowed from geo-mechanics and thus can be considered as mechanics of income distribution. The model allows the resolution of empirical and definitional problems associated with personal income measurements. It also serves as a firm fundament for definitions of income inequality as secondary derivatives from personal income distribution. It is found that in relative terms the PID in the US has not been changing since 1947. Effectively, the Gini coefficient has been almost constant during the last 60 years, as reported by the Census Bureau.

The Personal Distribution of Income in the United States

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Publisher :
ISBN 13 :
Total Pages : 126 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Personal Distribution of Income in the United States by : Frederick Robertson Macaulay

Download or read book The Personal Distribution of Income in the United States written by Frederick Robertson Macaulay and published by . This book was released on 1922 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: