Showing 1 - 10 of 22
We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In …) and to compute the Gini ratios. The latter are predicted very accurately - up to 3 decimal places. We show that Gini for … of people with income between 1947 and 1999, the overall Gini reveals a tendency to decline slightly with time. The age …
Persistent link: https://www.econbiz.de/10011259180
A common critique of most measures of income inequality, which are based on a single year's income, is that they fail to take account of income mobility. If income fluctuations are large, and individuals can smooth consumption, then high inequality and high mobility may be no worse than low...
Persistent link: https://www.econbiz.de/10008511760
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10010270632
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10008485492
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10008506080
Combining four surveys conducted over a forty year period, I calculate intergenerational earnings elasticities for Australia, using predicted earnings in parents' occupations as a proxy for actual parental earnings. In the most recent survey, the elasticity of sons' wages with respect to...
Persistent link: https://www.econbiz.de/10005579408
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10003962818
Numerical modelling of the personal income distribution (PID) in the USA from 1950 to 2003 is accomplished based on a microeconomic model for the personal income evolution. It is shown that the overall PID demonstrates the existence of some fixed hierarchical income distribution structure in the...
Persistent link: https://www.econbiz.de/10012734254
The personal income distribution (PID) above the Pareto threshold is studied and modeled. A microeconomic model is proposed to simulate the PID and its evolution below and above the Pareto income threshold. The model balances processes of income production and dissipation for any person above 15...
Persistent link: https://www.econbiz.de/10012734255
very low (lt;4 %) for ages over 45 years. It is demonstrated that the evolution of Gini coefficient, for the years with a … given age groups for the period between 1967 and 2005. This allows exact prediction of Gini coefficient and other measures ….In all age groups, the model predicts slightly decreasing Gini coefficients between 1977 and 2005. The overall G is …
Persistent link: https://www.econbiz.de/10012708780