Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process

Detalhes bibliográficos
Autor(a) principal: Cysne, Rubens Penha
Data de Publicação: 2004
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/12138
Resumo: In this paper I claim that, in a long-run perspective, measurements of income inequality, under any of the usual inequality measures used in the literature, are upward biased. The reason is that such measurements are cross-sectional by nature and, therefore, do not take into consideration the turnover in the job market which, in the long run, equalizes within-group (e.g., same-education groups) inequalities. Using a job-search model, I show how to derive the within-group invariant-distribution Gini coefficient of income inequality, how to calculate the size of the bias and how to organize the data in arder to solve the problem. Two examples are provided to illustrate the argument.
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spelling Cysne, Rubens PenhaEscolas::EPGEFGV2014-10-17T14:14:47Z2014-10-17T14:14:47Z2004-08-19http://hdl.handle.net/10438/12138In this paper I claim that, in a long-run perspective, measurements of income inequality, under any of the usual inequality measures used in the literature, are upward biased. The reason is that such measurements are cross-sectional by nature and, therefore, do not take into consideration the turnover in the job market which, in the long run, equalizes within-group (e.g., same-education groups) inequalities. Using a job-search model, I show how to derive the within-group invariant-distribution Gini coefficient of income inequality, how to calculate the size of the bias and how to organize the data in arder to solve the problem. Two examples are provided to illustrate the argument.engEscola de Pós-Graduação em Economia da FGVSeminários de pesquisa econômica da EPGETodo cuidado foi dispensado para respeitar os direitos autorais deste trabalho. Entretanto, caso esta obra aqui depositada seja protegida por direitos autorais externos a esta instituição, contamos com a compreensão do autor e solicitamos que o mesmo faça contato através do Fale Conosco para que possamos tomar as providências cabíveisinfo:eu-repo/semantics/openAccessGiniInequalityIncome distributionCritiqueUnemploymentEconomiaRenda - DistribuiçãoInflaçãoMeasurements of income inequality: a critique. 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dc.title.eng.fl_str_mv Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
title Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
spellingShingle Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
Cysne, Rubens Penha
Gini
Inequality
Income distribution
Critique
Unemployment
Economia
Renda - Distribuição
Inflação
title_short Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
title_full Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
title_fullStr Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
title_full_unstemmed Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
title_sort Measurements of income inequality: a critique. Inflation and income inequality: a link through the job- search process
author Cysne, Rubens Penha
author_facet Cysne, Rubens Penha
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Cysne, Rubens Penha
dc.subject.por.fl_str_mv Gini
Inequality
Income distribution
Critique
topic Gini
Inequality
Income distribution
Critique
Unemployment
Economia
Renda - Distribuição
Inflação
dc.subject.eng.fl_str_mv Unemployment
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Renda - Distribuição
Inflação
description In this paper I claim that, in a long-run perspective, measurements of income inequality, under any of the usual inequality measures used in the literature, are upward biased. The reason is that such measurements are cross-sectional by nature and, therefore, do not take into consideration the turnover in the job market which, in the long run, equalizes within-group (e.g., same-education groups) inequalities. Using a job-search model, I show how to derive the within-group invariant-distribution Gini coefficient of income inequality, how to calculate the size of the bias and how to organize the data in arder to solve the problem. Two examples are provided to illustrate the argument.
publishDate 2004
dc.date.issued.fl_str_mv 2004-08-19
dc.date.accessioned.fl_str_mv 2014-10-17T14:14:47Z
dc.date.available.fl_str_mv 2014-10-17T14:14:47Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/12138
url http://hdl.handle.net/10438/12138
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.por.fl_str_mv Seminários de pesquisa econômica da EPGE
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
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dc.publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
publisher.none.fl_str_mv Escola de Pós-Graduação em Economia da FGV
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