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Retirement wealth is often viewed as a great equalizer, offsetting the inequality in standard household net worth. One … considerably weaker offsetting effect on wealth inequality in 2001 than in 1983. Whereas standard net worth inequality increased … modestly between 1983 and 2001, the inequality of augmented wealth (the sum of retirement wealth and net worth) surged from …
Persistent link: https://www.econbiz.de/10010266432
1982, and much faster than MI from 1982 to 2004. In 2004, measured inequality was lower in LIMEW than MI (a difference of 5 ….5 Gini points); similarly, the increase in inequality between 1959 and 2004 was higher in MI than LIMEW (6.2 versus 5.1 Gini …
Persistent link: https://www.econbiz.de/10010266442
briskly in the late 1990s, it fell slightly between 2001 and 2004, while the inequality of net worth increased slightly …
Persistent link: https://www.econbiz.de/10010266450
worse off than whites, and singles are worse off than married couples. We also find that the degree of inequality in the … LIMEW is substantially higher among the elderly than among the nonelderly. In contrast, inequality in the most comprehensive … behind the degree of inequality, as the decomposition analysis reveals, is the greater size and concentration of income from …
Persistent link: https://www.econbiz.de/10010266455
household wealth to household income considerably increases measured inequality and the share of income from wealth in … inequality. However, both measures show about the same rise in inequality over the period. Our results contradict the assertion …
Persistent link: https://www.econbiz.de/10010266552
question of the relationship between class structure and overall economic inequality. Our analysis of the U.S. data shows that … substantially to overall inequality. …
Persistent link: https://www.econbiz.de/10010266637
-class squeeze.' Median wealth grew briskly in the late 1990s. It grew even faster in the aughts, while the inequality of net worth … prices, indicate that median wealth plunged by 36 percent and there was a fairly steep rise in wealth inequality, with the …
Persistent link: https://www.econbiz.de/10010281726
. Inequality was notably lower in Canada, with a Gini coefficient of 0.285 for equivalent LIMEW in 2005, compared to a US …
Persistent link: https://www.econbiz.de/10010286490