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Journal Article
Does income equality spur growth?
anonymous (1995-01)
Economics Update , Issue Jan , Pages 4

Conference Paper
Income inequality : issues and policy options : a symposium, Jackson Hole, Wyoming, August 27-29, 1998
anonymous (1998)
Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Economic implications of changing population trends
Wascher, William L.; Goodman, John L.; Burch, Susan Weller (1986-12)
Federal Reserve Bulletin , Issue Dec

Working Paper
Regional disparities in the spatial correlation of state income growth
Garrett, Thomas A.; Wheelock, David C.; Wagner, Gary A. (2005)
This paper presents new evidence of spatial correlation in U.S. state income growth. We extend the basic spatial econometric model used in the growth literature by allowing spatial correlation in state income growth to vary across geographic regions. We find positive spatial correlation in income growth rates across neighboring states, but that the strength of this spatial correlation varies considerably by region. Spatial correlation in income growth is highest for states located in the Northeast and the South. Our findings have policy implications both at the state and national level, and ...
Working Papers , Paper 2005-061

Working Paper
Beyond Kuznets: persistent regional inequality in China
Candelaria, Christopher; Hale, Galina; Daly, Mary C. (2009)
Regional inequality in China appears to be persistent and even growing in the past two decades. We study potential offsetting factors and interprovincial migration to shed light on the sources of this persistence. We find that some of the inequality could be attributed to differences in quality of labor, industry composition, and geographical location of provinces. We also demonstrate that interprovincial migration, while driven in part by wage differences across provinces, does not offset these differences. Finally, we find that interprovincial redistribution did not help offset regional ...
Working Paper Series , Paper 2009-07

Working Paper
Growing Electric Vehicle Adoption: Implications for Infrastructure Maintenance and the Tax Burden on Families of Different Funding Policies
Burns, Kalee; Hotchkiss, Julie L. (2023-05-17)
This paper examines the distribution of the gasoline tax burden in the presence of increased electric vehicle adoption. Automobile manufacturers and even some states have ambitious goals to phase out gas-powered cars. However, in spite of these plans, the primary source of automobile infrastructure funding in the United States continues to be gasoline taxes. Less demand for gasoline threatens this source of revenue for maintaining roads and further shifts the burden of the tax toward consumers who can’t afford the still relatively expensive electric vehicles. The analysis here illustrates ...
FRB Atlanta Working Paper , Paper 2023-04

Report
Does income inequality lead to consumption equality? evidence and theory
Krueger, Dirk; Perri, Fabrizio (2005)
Using data from the Consumer Expenditure Survey, we first document that the recent increase in income inequality in the United States has not been accompanied by a corresponding rise in consumption inequality. Much of this divergence is due to different trends in within-group inequality, which has increased significantly for income but little for consumption. We then develop a simple framework that allows us to analytically characterize how within-group income inequality affects consumption inequality in a world in which agents can trade a full set of contingent consumption claims, subject to ...
Staff Report , Paper 363

Journal Article
Per capita income growth and disparity in the United States, 1929–2003
Rupert, Peter; Gomme, Paul (2004-08)
Economic theory says the average income of different regions should grow closer over time. Within the United States and across some of the richer countries, evidence suggests this is true.
Economic Commentary , Issue Aug

Conference Paper
Public transit and spatial distribution of minority employment: evidence from a natural experiment
Holzer, Harry J.; Raphael, Steve; Quigley, John M. (2001)
Proceedings , Paper 909

Report
The poverty of nations: a quantitative exploration
Kehoe, Patrick J.; Chari, V. V.; McGrattan, Ellen R. (1997)
We ask what fraction of the variation in incomes across countries can be accounted for by investment distortions. In our neoclassical growth model the relative price of investment to consumption is a good measure of the distortions. Using data on relative prices we estimate a stochastic process for distortions and compare the resulting variance of incomes in the model to that in the data. We find that the variation of incomes in the model is roughly 4/5 of the variability of incomes in the data. Our model does well in accounting for 6 key regularities on income and investment in the data. The ...
Staff Report , Paper 204

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