IDEAS home Printed from https://ideas.repec.org/a/spr/joecin/v21y2023i4d10.1007_s10888-023-09573-x.html
   My bibliography  Save this article

Traces of the past in income inequality

Author

Listed:
  • Ozan Eksi

    (TOBB University of Economics and Technology, Department of Economics)

Abstract

The cumulative effect on income inequality of structural economic changes can only be observed in years. We discuss the implications of this point for the empirical approach to the inequality data through a simple linear regression setting. We show that determinants of inequality can only be found by (i) specifying a dynamic model, or (ii) using the average of changes in within-cohort inequalities as the dependent variable. The results obtained with the US and UK data show that these two methods deliver similar results, which significantly differ from those obtained through standard static regression analyses.

Suggested Citation

  • Ozan Eksi, 2023. "Traces of the past in income inequality," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 21(4), pages 815-834, December.
  • Handle: RePEc:spr:joecin:v:21:y:2023:i:4:d:10.1007_s10888-023-09573-x
    DOI: 10.1007/s10888-023-09573-x
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10888-023-09573-x
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s10888-023-09573-x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    More about this item

    Keywords

    Income inequality; Econometric modeling;

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

    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:spr:joecin:v:21:y:2023:i:4:d:10.1007_s10888-023-09573-x. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.