Income Distribution and Inequality: Measurement Issues

Author(s):  
David S. Johnson ◽  
Timothy M. Smeeding
Author(s):  
Christopher Tsoukis

By whatever indicator it is assessed, inequality has been rising in recent years. This book considers it a macroeconomic issue and innovates by including it among its topics. The chapter begins by reviewing evidence and facts on inequality, measurement issues, and the relation with poverty. The macroeconomic models of income distribution reviewed next include vintage models, endogenous growth models, and whether inequality can be accommodated in ‘representative-agent’ models. Attention then turns to ‘factor’ (labour-capital) income shares, which have also been changing recently, reviewing both the relevant analytics and the possible processes that underlie this change. The chapter concludes with recent debates on determinants of inequality, the evolution of the labour share (the ‘r-g’ question), and the future of income distribution.


Author(s):  
Joel Blau

Income distribution is defined as both the process of distributing income to individuals and families and as the statistical consequences of that distribution. After examining the measurement issues that enter into this distribution, the discussion highlights the evidence for rising inequality in the United States. It finds the top quintile, and even more starkly, the top 5% and 1% of all households, to have made most of the gains. Identifying the effects of globalization as the prime cause for this shift, income distribution is then correlated with other social welfare policy issues such as economic growth, health, and political democracy.


Author(s):  
Chuliang Luo ◽  
Terry Sicular ◽  
Shi Li

This chapter presents national estimates of incomes and inequality for 2007 and 2013. It begins with discussion of the CHIP datasets and measurement issues. It then reports core estimates of income and inequality, which indicate a modest decline in inequality during this period. Estimates are reported separately for formal urban residents, rural residents, and rural-to-urban migrants, with discussion of the effects of migration on inequality. Incomes and inequality are decomposed among the different sources of income; the urban/rural and regional income gaps are investigated. Alternative estimates of national inequality—using different income definitions, inequality indexes, and prices—are reported, as well as estimates that adjust for the underrepresentation of incomes in the top tail of the income distribution. The estimated decline in national inequality survives some but not all of these alternative calculations and thus raises questions about the magnitude and long-term sustainability of the inequality decline.


2006 ◽  
Author(s):  
Tracy A. Lambert ◽  
Yvette M. Nemeth ◽  
Starr L. Daniell ◽  
Sarah Elizabeth Strang ◽  
Lillian T. Eby ◽  
...  

Author(s):  
Joan L. Herman ◽  
Noreen M. Webb ◽  
Stephen A. Zuniga
Keyword(s):  

2020 ◽  
Vol 6 (2) ◽  
pp. 181-195

Fairness in income distribution is a factor that both motivates employees and contributes to maintaining social stability. In Vietnam, fair income distribution has been studied from various perspectives. In this article, through the analysis and synthesis of related documents and evidence, and from the perspective of economic philosophy, the author applies John Rawls’s Theory of Justice as Fairness to analyze some issues arising from the implementation of the state’s role in ensuring fair income distribution from 1986 to present. These are unifying the perception of fairness in income distribution; solving the relationship between economic efficiency and social equality; ensuring benefits for the least-privileged people in society; and controlling income. On that basis, the author makes some recommendations to enhance the state’s role in ensuring fair income distribution in Vietnam. Received 11thNovember 2019; Revised 10thApril 2020; Accepted 20th April 2020


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