IDEAS home Printed from https://ideas.repec.org/a/jid/journl/y1995v04i1p5-5.html
   My bibliography  Save this article

Evaluating Changes in the Distribution of Income in the United States

Author

Listed:
  • J. A. Bishop
  • J. P. Formby
  • R. Sakano

Abstract

Insights gained from previous macroeconomic studies of the size distribution of U.S. incomes are incorporated into a richer model that considers the possibility of random walks and cointegration. The effects of macroeconomic, demographic, structural, and policy variables on quintile conditional mean incomes and Lorenz ordinates are estimated using more that four decades of data. The results are interpreted in terms of the powerful dominance method of evaluating entire income distributions. The model yields strong evidence of random walks and cointegration. Several findings from earlier studies are confirmed, and heretofore unrecognized influences on the size distribution of income are identified. Some surprising results emerge, especially as they relate to the effects of a more open economy on income inequality.

Suggested Citation

  • J. A. Bishop & J. P. Formby & R. Sakano, 1995. "Evaluating Changes in the Distribution of Income in the United States," Journal of Income Distribution, Ad libros publications inc., vol. 4(1), pages 5-5, June.
    • Handle: RePEc:jid:journl:y:1995:v:04:i:1:p:5-5
    as

    Download full text from publisher

    File URL: http://jid.journals.yorku.ca/index.php/jid/article/view/710
    Download Restriction: Some fulltext downloads are only available to subscribers. See JID website for details.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jid:journl:y:1995:v:04:i:1:p:5-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Timm Boenke The email address of this maintainer does not seem to be valid anymore. Please ask Timm Boenke to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/gyorkca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.