Measuring Distribution And Mobility Of Income And Wealth

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Measuring Distribution and Mobility of Income and Wealth

Author : Raj Chetty
Publisher : University of Chicago Press
ISBN 13 : 0226816044
Total Pages : 736 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Measuring Distribution and Mobility of Income and Wealth by : Raj Chetty

Download or read book Measuring Distribution and Mobility of Income and Wealth written by Raj Chetty and published by University of Chicago Press. This book was released on 2022-11-16 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of twenty-three studies that explore the latest developments in the analysis of income and wealth distribution and mobility. Economic research is increasingly focused on inequality in the distribution of personal resources and outcomes. One aspect of inequality is mobility: are individuals locked into their respective places in this distribution? To what extent do circumstances change, either over the lifecycle or across generations? Research not only measures inequality and mobility, but also analyzes the historical, economic, and social determinants of these outcomes and the effect of public policies. This volume explores the latest developments in the analysis of income and wealth distribution and mobility. The collection of twenty-three studies is divided into five sections. The first examines observed patterns of income inequality and shifts in the distribution of earnings and in other factors that contribute to it. The next examines wealth inequality, including a substantial discussion of the difficulties of defining and measuring wealth. The third section presents new evidence on the intergenerational transmission of inequality and the mechanisms that underlie it. The next section considers the impact of various policy interventions that are directed at reducing inequality. The final section addresses the challenges of combining household-level data, potentially from multiple sources such as surveys and administrative records, and aggregate data to study inequality, and explores ways to make survey data more comparable with national income accounts data.

Income and Wealth Distribution, Inequality and Poverty

Author : Camilo Dagum
Publisher : Springer Science & Business Media
ISBN 13 : 364284250X
Total Pages : 427 pages
Book Rating : 4.6/5 (428 download)

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Book Synopsis Income and Wealth Distribution, Inequality and Poverty by : Camilo Dagum

Download or read book Income and Wealth Distribution, Inequality and Poverty written by Camilo Dagum and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the following issues: the analysis, estimation and assessment of alternatived models of income distribution, the specification and evaluation of income inequality measures the analysis and measurement of poverty and its rationale, the scope and methodological power of the social accounting matrix (SAM) in the analysis of the functional and personal distribution of income and the family income multiplier, the study of the source and reliability of income distribution data, the decomposition of income inequality measures, the asymptotic distributions and inferential analysis of income inequalities, and an inquiry on the income distribution and income inequality of Eastern European Countries under socialism. New models on income and wealth distribution are specified and their corresponding properties and goodness of fit are discussed. A multivariate approach to the measurement of poverty is developed and applied, and a compact survey of the literature is presented. The book can be used as a text in advanced undergraduate and graduate courses dealing with the theory, model specifications, methods and applications of income and wealth distribution, income inequality and poverty assessment in measurement and the use of SAMs in the analysis of income distribution.

Handbook of Income Distribution

Author : Anthony Barnes Atkinson
Publisher : Elsevier
ISBN 13 : 9780444816313
Total Pages : 980 pages
Book Rating : 4.8/5 (163 download)

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Book Synopsis Handbook of Income Distribution by : Anthony Barnes Atkinson

Download or read book Handbook of Income Distribution written by Anthony Barnes Atkinson and published by Elsevier. This book was released on 2000 with total page 980 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Income and Wealth Distribution, Inequality and Poverty

Author : Camilo Dagum
Publisher :
ISBN 13 : 9783642842511
Total Pages : 432 pages
Book Rating : 4.8/5 (425 download)

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Book Synopsis Income and Wealth Distribution, Inequality and Poverty by : Camilo Dagum

Download or read book Income and Wealth Distribution, Inequality and Poverty written by Camilo Dagum and published by . This book was released on 1990-10-12 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the following issues: the analysis, estimation and assessment of alternatived models of income distribution, the specification and evaluation of income inequality measures the analysis and measurement of poverty and its rationale, the scope and methodological power of the social accounting matrix (SAM) in the analysis of the functional and personal distribution of income and the family income multiplier, the study of the source and reliability of income distribution data, the decomposition of income inequality measures, the asymptotic distributions and inferential analysis of income inequalities, and an inquiry on the income distribution and income inequality of Eastern European Countries under socialism. New models on income and wealth distribution are specified and their corresponding properties and goodness of fit are discussed. A multivariate approach to the measurement of poverty is developed and applied, and a compact survey of the literature is presented. The book can be used as a text in advanced undergraduate and graduate courses dealing with the theory, model specifications, methods and applications of income and wealth distribution, income inequality and poverty assessment in measurement and the use of SAMs in the analysis of income distribution.

Wealth in America

Author : Lisa A. Keister
Publisher : Cambridge University Press
ISBN 13 : 9780521627511
Total Pages : 324 pages
Book Rating : 4.6/5 (275 download)

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Book Synopsis Wealth in America by : Lisa A. Keister

Download or read book Wealth in America written by Lisa A. Keister and published by Cambridge University Press. This book was released on 2000-06-19 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utilizing existing data and new research methods, Keister examines househould wealth distribution from 1962 to 1995.

Wealth Mobility

Author : J. R. Kearl
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Wealth Mobility by : J. R. Kearl

Download or read book Wealth Mobility written by J. R. Kearl and published by . This book was released on 1981 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider the problems that may arise when cross sectional data alone are used for inferences about individual welfare, the existence of elites, the possibilities of class boundaries, the openness of a society, etc. We also consider problems with alternative measures of socio-economic position. We then use a sample of 2400 households observed over one or two decade intervals together with data on the population of households at each observation point to examine mobility within the distribution of wealth for an almost closed economy, Utah, 1850-1870. We use information on households to examine those characteristics that contribute to mobility. We find considerable mobility, much apparently stochastic, within quite highly skewed distributions of wealth that also exhibit increasing inequality through time. [Resumen de autor]

Inequality, Redistribution and Mobility

Author : Juan Gabriel Rodriguez
Publisher : Emerald Group Publishing
ISBN 13 : 1800430396
Total Pages : 292 pages
Book Rating : 4.8/5 (4 download)

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Book Synopsis Inequality, Redistribution and Mobility by : Juan Gabriel Rodriguez

Download or read book Inequality, Redistribution and Mobility written by Juan Gabriel Rodriguez and published by Emerald Group Publishing. This book was released on 2020-11-26 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research on Economic Inequality's 28th volume provides original research on how inequality is affected by redistribution, growth, mobility and educational opportunities. Additional papers discuss poverty, welfare and wage discrimination.

Six Papers on the Size Distribution of Wealth and Income

Author : National Bureau of Economic Research
Publisher :
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Six Papers on the Size Distribution of Wealth and Income by : National Bureau of Economic Research

Download or read book Six Papers on the Size Distribution of Wealth and Income written by National Bureau of Economic Research and published by . This book was released on 1969 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compilation of conference papers on wealth and income distribution in the USA - covers theoretical aspects, historical aspects (with particular reference to the 19th century), the effect of population trends on income distribution, ownership (with particular reference to housing and other real estate business), statistical method of measuring poverty and changes in income distribution, etc. Statistical tables. Conference held in university park, pa., 1967 mar 24 and 25.

Measuring Inequality

Author : Frank Alan Cowell
Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 208 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Measuring Inequality by : Frank Alan Cowell

Download or read book Measuring Inequality written by Frank Alan Cowell and published by John Wiley & Sons. This book was released on 1977 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Distribution of Wealth – Growing Inequality?

Author : Michael Schneider
Publisher : Edward Elgar Publishing
ISBN 13 : 1783476443
Total Pages : 240 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis The Distribution of Wealth – Growing Inequality? by : Michael Schneider

Download or read book The Distribution of Wealth – Growing Inequality? written by Michael Schneider and published by Edward Elgar Publishing. This book was released on 2016-11-25 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Income Mobility and Welfare

Author : Mr.Tom Krebs
Publisher : International Monetary Fund
ISBN 13 : 1475551436
Total Pages : 28 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Income Mobility and Welfare by : Mr.Tom Krebs

Download or read book Income Mobility and Welfare written by Mr.Tom Krebs and published by International Monetary Fund. This book was released on 2013-01-28 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing measurement error or transitory income shocks and an AR(1) component representing persistent changes in income. We use a tractable consumption-saving model with labor income risk and incomplete markets to relate income dynamics to consumption and welfare, and derive analytical expressions for income mobility and welfare as a function of the various parameters of the underlying income process. The empirical application of our framework using data on individual incomes from Mexico provides striking results. Much of measured income mobility is driven by measurement error or transitory income shocks and therefore (almost) welfare-neutral. A smaller part of measured income mobility is due to either welfare-reducing income risk or welfare-enhancing catching-up of low-income individuals with high-income individuals, both of which have economically significant effects on social welfare. Decomposing mobility into its fundamental components is thus seen to be crucial from the standpoint of welfare evaluation.

Mobility and Inequality

Author : Stephen L. Morgan
Publisher : Stanford University Press
ISBN 13 : 9780804752497
Total Pages : 498 pages
Book Rating : 4.7/5 (524 download)

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Book Synopsis Mobility and Inequality by : Stephen L. Morgan

Download or read book Mobility and Inequality written by Stephen L. Morgan and published by Stanford University Press. This book was released on 2006 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of original research from the leading scholars in sociology and economics studying mobility and inequality. The volume brings together the state-of-the-art in the field and sets the agenda for future research.

Aspects of Distribution of Wealth and Income

Author : Dimitris Papadimitriou
Publisher : Springer
ISBN 13 : 134923429X
Total Pages : 215 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Aspects of Distribution of Wealth and Income by : Dimitris Papadimitriou

Download or read book Aspects of Distribution of Wealth and Income written by Dimitris Papadimitriou and published by Springer. This book was released on 1994-09-12 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s, a decade of economic expansion, the rich grew richer but the poor poorer. These essays explore the disparities in wealth and income comparing the fortunes of American households with those in other industrialized nations. Demographic and structural changes, saving behaviouir, earning gaps, gender, education and race are analysed in these essays and methodological and measurement issues explored. Policies to counteract growing inequality are discussed and remedies proposed.

International Perspectives on Household Wealth

Author : Edward N. Wolff
Publisher : Edward Elgar Publishing
ISBN 13 : 1847203175
Total Pages : 461 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis International Perspectives on Household Wealth by : Edward N. Wolff

Download or read book International Perspectives on Household Wealth written by Edward N. Wolff and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Editor Wolff is a leading authority on income, wealth, and inequality in the US, and contributing authors are well-respected experts in their field. Overall, the research is high quality, and most papers include a substantial list of references. A plethora of data is considered, and much statistical evidence is presented. . . . A useful contribution to the literature on income distribution and wealth inequality. Recommended. E. Kacapyr, Choice The contributors to this comprehensive book compile and analyse the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the twenty-first century. The authors show that in the US, trends are highlighted in terms of wealth holdings, among the low-income population, along with changes in wealth polarization, racial differences in wealth holdings, and the dynamics of portfolio choices. The consensus between the authors is that wealth inequality has generally risen among these OECD countries since the early 1980s, although Germany stands out as an exception. In the case of the US, it is also noted that wealth holdings have generally failed to improve among low-income families and that the racial wealth gap widened during the late 1980s. International Perspectives on Household Wealth also contains new results on a number of topics, including measures and changes of wealth polarization in the US, measurement and changes of portfolio span in the US, asset holdings of low-income households in the US, and the effects of parental resources on asset holdings in Chile. Academic, government, and public policy economists in OECD countries, as well as those in so-called middle-income countries around the world, will find much to engage them within this book. It will also appeal to academics and researchers of international and welfare economics and other social scientists interested in the issue of inequality.

Earnings Mobility and Measurement Error

Author : Francisca Antman
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4./5 ( download)

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Book Synopsis Earnings Mobility and Measurement Error by : Francisca Antman

Download or read book Earnings Mobility and Measurement Error written by Francisca Antman and published by World Bank Publications. This book was released on 2005 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The degree of mobility in incomes is often seen as an important measure of the equality of opportunity in a society and of the flexibility and freedom of its labor market. But estimation of mobility using panel data is biased by the presence of measurement error and non-random attrition from the panel. This paper shows that dynamic pseudo-panel methods can be used to consistently estimate measures of absolute and conditional mobility in the presence of non-classical measurement errors. These methods are applied to data on earnings from a Mexican quarterly rotating panel. Absolute mobility in earnings is found to be very low in Mexico, suggesting that the high level of inequality found in the cross-section will persist over time. However, the paper finds conditional mobility to be high, so that households are able to recover quickly from earnings shocks. These findings suggest a role for policies which address underlying inequalities in earnings opportunities.

The Structure of Earnings and the Measurement of Income Inequality in the U.S

Author : Daniel J. Slottje
Publisher : Elsevier
ISBN 13 : 1483296407
Total Pages : 218 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis The Structure of Earnings and the Measurement of Income Inequality in the U.S by : Daniel J. Slottje

Download or read book The Structure of Earnings and the Measurement of Income Inequality in the U.S written by Daniel J. Slottje and published by Elsevier. This book was released on 2014-06-28 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The various issues involved in measuring income inequality in the U.S. are analyzed in this book. In describing the level of inequality inherent in a particular graduation it is important which income recipient and which data set is used and also the measure of income inequality used as the appropriate summary statistic. Recent trends in labor markets are examined and the book attempts to trace the impact of these trends on the distribution of income for various age, race and occupational cohorts, and across states. Some new methods for analyzing inequality in a multidimensional framework are also discussed. This book provides one of the most comprehensive treatments of income inequality available to date.

Comparing Income Distributions

Author : John Creedy
Publisher : Edward Elgar Publishing
ISBN 13 : 9781035307326
Total Pages : 0 pages
Book Rating : 4.3/5 (73 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 2023-03-28 with total page 0 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. The first half of the book covers a range of technical aspects of inequality measurement, including less well-known properties of inequality indices, and the decomposition of inequality changes into component contributions. The second half explores various aspects of the graphical display and measurement of income mobility. While the focus of the book is on methods, illustrative examples are provided using New Zealand data. Graduate students, public sector economists, and researchers interested in income distribution will welcome this important work.