Screen LibraryMeasuring distribution and mobility of income and wealth /
"Economic research on the efficient allocation of resources has a long history. Increasingly, attention has turned to inequality in the distribution of personal resources and outcomes, and whether individuals or children are locked in their respective places in this distribution or whether mobi...
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| Group Author: | ; ; ; ; |
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| Published: |
The University of Chicago Press,
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| Publisher Address: | Chicago, IL : |
| Publication Dates: | 2022. |
| Literature type: | Book |
| Language: | English |
| Series: |
Studies in income and wealth ;
volume 80 |
| Subjects: | |
| Summary: |
"Economic research on the efficient allocation of resources has a long history. Increasingly, attention has turned to inequality in the distribution of personal resources and outcomes, and whether individuals or children are locked in their respective places in this distribution or whether mobility is possible. Research focuses not only on measuring inequality and mobility, but on understanding its historical, economic, and social determinants, and how policies might affect these distributions. This volume explores the latest developments in our understanding of income and wealth distribution and mobility. The first section addresses observed patterns of income inequality and shifts in compensation and fluidity that drive or reinforce income inequality. The next focuses on wealth inequality, including the difficulties of defining and measuring wealth. The third section presents new evidence on the intergenerational transmission of inequality and the mechanisms that sustain these patterns. A fourth set of chapters studies the mitigation of inequality, including variations in intervention strategies across time and geography. Finally, issues related to using national accounting data in comparison with survey and microdata are examined. Lack of data, particularly wealth data at the individual or household level in most countries, presents a challenge. Momentum has been building to link multiple sources of survey, administrative and other data in order to mitigate measurement problems in single sources and to provide more comprehensive data on income and wealth"-- "A collection of twenty-three studies that explore the latest developments in the analysis of income and wealth distribution and mobility. Economic research is increasingly focused on inequality in the distribution of personal resources and outcomes. One aspect of inequality is mobility: are individuals locked into their respective places in this distribution? To what extent do circumstances change, either over the lifecycle or across generations? Research not only measures inequality and mobility, but also analyzes the historical, economic, and social determinants of these outcomes and the effect of public policies. This volume explores the latest developments in the analysis of income and wealth distribution and mobility. The collection of twenty-three studies is divided into five sections. The first examines observed patterns of income inequality and shifts in the distribution of earnings and in other factors that contribute to it. The next examines wealth inequality, including a substantial discussion of the difficulties of defining and measuring wealth. The third section presents new evidence on the intergenerational transmission of inequality and the mechanisms that underlie it. The next section considers the impact of various policy interventions that are directed at reducing inequality. The final section addresses the challenges of combining household-level data, potentially from multiple sources such as surveys and administrative records, and aggregate data to study inequality, and explores ways to make survey data more comparable with national income accounts data. "-- |
| Item Description: | Revised versions of papers presented at the Conference on Research in income and Wealth titled "Measuring and understanding the distribution and intra/inter-generational mubility of income and wealth", held in Bethesda, Maryland, on March 5-6, 2020. |
| Carrier Form: | xiii, 721 pages : illustrations ; 23 cm. |
| Bibliography: | Includes bibliographical references and indexes. |
| ISBN: |
9780226816036 0226816036 |
| Index Number: | HC79 |
| CLC: | F014.4-532 |
| Call Number: | F014.4-532/M484/2020 |
| Contents: |
Introduction / Raj Chetty, John N. Friedman, Janet C. Gornick, Barry Johnson, and Arthur Kennickell -- In search of the roots of American inequality exceptionalism : an analysis based on Luxembourg Income Study (LIS) data / Rising between-firm inequality and declining labor market fluidity : evidence of a changing job ladder / United States earnings dynamics : inequality, mobility, and volatility / Evidence from unique Swiss tax data on the composition and joint distribution of income and wealth / The wealth of generations, with special attention to the Millennials / Wealth transfers and net wealth at death : evidence from the Italian inheritance tax records, 1995-2016 / On the distribution of estates and the distribution fo wealth : evidence from the dead / Structuring the analysis of wealth inequality using the functions of wealth : a class-based approach / Social security wealth, inequality, and life-cycle saving / Parental education and the rising transmission of income between generations / Inequality of opportunity for income in Denmark and the United States : a comparison based on administrative data / Presence and persistence of poverty in US tax data / Intergenerational home ownership in France over the twentieth century / Inequality and mobility ove |