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Convergencia y desigualdad en renta permanente y corriente

Author

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  • Serrano Martínez Lorenzo

    (UNIVERSITY OF VALENCIA INSTITUTO VALENCIANO DE INVESTIGACIONES ECONÓMICAS (Ivie))

Abstract

The literature on inequality among economies has focused on analysing the dispersion of indicators such as annual per capita income. This paper adopts a different approach, as it considers the life cycle dimensionof inequality, life expectancy and whether annual per capita income can be expected to converge or not in the future. The determinants of inequality in permanent income are analyzed, as are the determinants of the differences between inequality in annual and permanent income. Finally, various simulations show that those differences can be very significant, justifying the usefulness of this kind of approach.

Suggested Citation

  • Serrano Martínez Lorenzo, 2006. "Convergencia y desigualdad en renta permanente y corriente," Working Papers 201043, Fundacion BBVA / BBVA Foundation.
    • Handle: RePEc:fbb:wpaper:201043
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    Cited by:

    1. José Pastor & Empar Pons & Lorenzo Serrano, 2010. "Regional inequality in Spain: permanent income versus current income," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 44(1), pages 121-145, February.

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