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Keywords:Income distribution 

Monograph
Inflation and the distribution of income and wealth: are the poor really hurt?

Originally appeared in the Federal Reserve Bank of Philadelphia Business Review, September 1973, p. 16-25
Monograph

Journal Article
Recent real income and wage trends in the United States

Some analysts have argued that broad measures of income growth for the 1980s misrepresented how well the typical worker or household fared during this period. This article examines trends in labor force participation and compensation to explain why real wages have not kept up with aggregate measures of real income.
Quarterly Review , Volume 16 , Issue Sum

Report
The changing U.S. income distribution: facts, explanations, and unresolved issues

This paper explores the increase in income inequality since the late 1970s, with emphasis on wage inequality. The growth in wage inequality for men and women separately is documented and updated. Changes resulting from a rising education and experience premium are distinguished from those attributable to widening within-group inequality. These findings are then placed in the context of the existing literature on explanations for widening inequality.
Research Paper , Paper 9811

Report
How wages change: micro evidence from the international wage flexibility project

How do the complex institutions involved in wage setting affect wage changes? The International Wage Flexibility Project provides new microeconomic evidence on how wages change for continuing workers. We analyze individuals' earnings in thirty-one different data sets from sixteen countries, from which we obtain a total of 360 wage change distributions. We find a remarkable amount of variation in wage changes across workers. Wage changes have a notably non-normal distribution; they are tightly clustered around the median and also have many extreme values. Furthermore, nearly all countries show ...
Staff Reports , Paper 275

Report
International trade and American wages in general equilibrium, 1967-1995

In the last quarter century, wage inequality has increased dramatically in the United States. At the same time, the United States has become more integrated into the world economy, relative prices of final goods have changed, the capital stock has more than doubled, and the labor force has become steadily more educated. This paper estimates a flexible, empirical, general equilibrium model of wage determination in an attempt to sort out the connections between these trends. Aggregate data on prices and quantities of imports, outputs, and factor supplies are constructed from disaggregate ...
Staff Reports , Paper 46

Journal Article
Measuring income distribution in the United States

Business Review , Issue Mar , Pages 3-11

Journal Article
Accounting for cross-country differences in income per capita

Living standards, as measured by average income per person, vary widely across countries. Differences in income result in large disparities in spending on goods and services by people living in different economies. What makes some countries rich and others poor? Furthermore, what determines income per person in a country, and why are these factors unevenly allocated across the world? In "Accounting for Cross-Country Differences in Income Per Capita," Aubhik Khan outlines a framework for growth accounting to account for cross-country differences in income. The current consensus is that ...
Business Review , Issue Q1 , Pages 11-18

Journal Article
The finance and growth nexus

Does financial development lead to greater economic growth? Or does economic growth lead to more highly developed financial systems? In this article, Aubhik Khan presents some recent evidence that appears to support the first question: financial development may also have a significant impact on a nation's rate of economic growth.
Business Review , Issue Jan , Pages 3-14

Journal Article
The evolution of the world income distribution

There is tremendous disparity in the levels of individuals? incomes across countries. However, this disparity in per capita income has not always existed. In ?The Evolution of the World Income Distribution,? Keith Sill investigates some facts about the evolution of per capita income across countries and reviews a simple model that broadly captures the observed evolution of the world income distribution since 1800. He then discusses what predictions can be made about future cross-country distributions of income and some policy prescriptions that follow from our understanding of the past and ...
Business Review , Issue Q2 , Pages 23-32

Journal Article
Updated facts on the U.S. distributions of earnings, income, and wealth

Quarterly Review , Volume 26 , Issue Sum , Pages 2-35

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