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Annual Inequality and Lifetime Inequality

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  • Peter H. Friesen
  • Danny Miller

Abstract

An estimator of inequality in lifetime incomes is derived. It can be computed for a population from the distribution of incomes in one year. As a result, the estimates are as easily calculated as measurements of annual inequality, but can be used as measurements of lifetime inequality. Estimates from this measure and two others have been computed for selected years since 1947. The results are compared by their implications for the level and trend of inequality in the United States.

Suggested Citation

  • Peter H. Friesen & Danny Miller, 1983. "Annual Inequality and Lifetime Inequality," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(1), pages 139-155.
    • Handle: RePEc:oup:qjecon:v:98:y:1983:i:1:p:139-155.
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    File URL: http://hdl.handle.net/10.2307/1885571
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    Citations

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    Cited by:

    1. Kai Zhao, 2014. "War Finance and the Baby Boom," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(3), pages 459-473, July.
    2. Emerson, Robert D. & Blair, Benjamin F., 1989. "The Personal Distribution Of Income In U.S. Agriculture," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270467, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Fukushige, Mototsugu, 1996. "Annual redistribution and lifetime redistribution," Economics Letters, Elsevier, vol. 52(3), pages 269-273, September.
    4. Nelissen, Jan H. M. & Institute, Economic, 1999. "A Payable Alternative for the Dutch Old-Age Pension System," Journal of Policy Modeling, Elsevier, vol. 21(2), pages 275-282, March.
    5. Li Tan, 2021. "Imputing Top‐Coded Income Data in Longitudinal Surveys," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 83(1), pages 66-87, February.
    6. repec:dau:papers:123456789/4994 is not listed on IDEAS
    7. John Fitzgerald & Tim Maloney, 1990. "The Impact of Federal Income Taxes and Cash Transfers On the Distribution of Lifetime Household Income, 1969-1981," Public Finance Review, , vol. 18(2), pages 182-197, April.
    8. Ingvild Almas & Magne Mogstady, 2009. "Older or Wealthier?: The Impact of Age Adjustments on the Wealth Inequality Ranking of Countries," SOEPpapers on Multidisciplinary Panel Data Research 181, DIW Berlin, The German Socio-Economic Panel (SOEP).
    9. John Creedy, 1991. "Lifetime Earnings and Inequality," The Economic Record, The Economic Society of Australia, vol. 67(1), pages 46-58, March.
    10. Kai(Jackie) Zhao, 2009. "War Debt and the Baby Boom," 2009 Meeting Papers 856, Society for Economic Dynamics.
    11. Rocco ZIZZAMIA & Vimal RANCHHOD, 2020. "Earnings inequality over the life-course in South Africa," Working Paper 98ced6cc-3016-49dc-a2b6-b, Agence française de développement.

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