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Keywords:Income distribution 

Journal Article
Does income equality spur growth?

Economics Update , Issue Jan , Pages 4

Conference Paper
Income inequality : issues and policy options : a symposium, Jackson Hole, Wyoming, August 27-29, 1998

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Economic implications of changing population trends

Federal Reserve Bulletin , Issue Dec

Working Paper
Beyond Kuznets: persistent regional inequality in China

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

Report
Does income inequality lead to consumption equality? evidence and theory

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

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

Proceedings , Paper 909

Working Paper
Relative status and well-being: evidence from U.S. suicide deaths

This paper empirically assesses the theory of interpersonal income comparison using individual level data on suicide deaths in the United States. We model suicide as a choice variable, conditional on exogenous risk factors, reflecting an individual's assessment of current and expected future utility. Our empirical analysis considers whether suicide risk is systematically related to the income of others, holding own income and other individual factors fixed. We estimate proportional hazards and probit models of the suicide hazard using two separate and independent data sets: (1) the National ...
Working Paper Series , Paper 2007-12

Speech
The level and distribution of economic well-being

a speech before the Greater Omaha Chamber of Commerce, Omaha, Nebraska
Speech , Paper 256

Working Paper
Regional income dynamics

Working Papers , Paper 93-1

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