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An emerging literature in the field of income distribution suggests that inequality may persist in the long run. U.S. father and son income data extracted from the PSID support the hypothesis that the distribution of earnings of children raised in privileged environments welfare-dominates that...
Persistent link: https://www.econbiz.de/10005125242
We study the evolution of earnings inequality in Switzerland during the recession of the 1990s. We compare the Lorenz curves of the 1992 and 1997 distributions, as well as the related generalised Lorenz curves, given the pay deterioration witnessed during this period. The Lorenz curve is shown...
Persistent link: https://www.econbiz.de/10005148531