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We analyze trends in US size-adjusted household income inequality between 1975 and 2004 using the most commonly used data source—the public use version of the March Current Population Survey. But, unlike most researchers, we also give substantial attention to the problems caused by the...
Persistent link: https://www.econbiz.de/10011126282
Although most US income inequality research is based on public-use March CPS data, a new wave of research using IRS tax-return data reports substantially faster inequality growth for recent years. We show that these apparently inconsistent estimates are largely reconciled when the income...
Persistent link: https://www.econbiz.de/10011126670
Researchers considering levels and trends in the resources available to the middle class traditionally measure the pre-tax cash income of tax units or the pre-tax, post-transfer, size-adjusted income of households. Choices regarding the income measure and sharing unit to be analyzed, as well as...
Persistent link: https://www.econbiz.de/10010788089
Although most U.S. income inequality research is based on public use March CPS data, a new wave of research using IRS tax return data reports substantially faster inequality growth for recent years. We show that these apparently inconsistent estimates are largely reconciled when the income...
Persistent link: https://www.econbiz.de/10010835679
In the 1990s, social expectations of single mothers shifted towards the notion that most should, could, and would work, if given the proper incentives. This shift in expectations culminated in the passage of the Personal Responsibility and Work Opportunity Reconciliation Act in 1996, commonly...
Persistent link: https://www.econbiz.de/10005040002
Persistent link: https://www.econbiz.de/10005042025
To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed using complete data methods. Estimation and inference...
Persistent link: https://www.econbiz.de/10005003542
Using internal and public use March Current Population Survey data, we analyze trends in US income inequality (1975-2004). Using a multiple imputation approach where values for censored observations are imputed using draws from a Generalized Beta distribution of the Second Kind, we find that the...
Persistent link: https://www.econbiz.de/10005003554
To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed using complete data methods. Estimation and inference...
Persistent link: https://www.econbiz.de/10005069117
To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed using complete data methods. Estimation and inference...
Persistent link: https://www.econbiz.de/10005761990