was thus appropriately modeled as a finite mixture of distributions. Furthermore, each component in the mixture appeared … distribution including earnings inequality. In addition, we correlate component membership with worker type to provide a tacit link …

mixture of two log-normal distributions provides an excellent fit for this interregional distribution in all considered years …-dependent. This can be derived from maximum entropy considerations. However, the bimodality in the income distributions also implies …

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 …

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 …

briskly in the late 1990s, it fell slightly between 2001 and 2004, while the inequality of net worth increased slightly …

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 …

In this paper, we conduct the novel exercise of analyzing the relationship between overall wealth inequality and caste …-caste inequality accounted for about 13 percent of overall wealth inequality in 200203, in part due to the considerable heterogeneity …

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 …

for those at the bottom of the income scale? Will ARRA reverse the upward trend in inequality that we have seen in the … creation, ARRA is likely to have little impact on overall income inequality, or on the income gaps between relatively …